British Companies keen to invest in Pakistan: UK Envoy
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KARACHI: (APP) Many British companies were interested to start businesses in Pakistan, says British Deputy High Commissioner in Karachi Belinda Lewis.
Talking to reporters at a reception in her honor hosted by M.I.Mundia Group's Chairman Mohammad Ilyas Mundia, she said Pakistan was a big and rapidly growing market in South Asia, said a statement here on Thursday.
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Ms. Belinda Lewis, who is also United Kingdom's Trade Director to Pakistan, said that due to economic stability, the middle class was growing in Pakistan.
"With the growing middle class, demand would eventually increase giving us a chance to expand our exports to Pakistan," she said.
She said many UK brands and Chains were interested to open their stores in Pakistan. Pakistani textiles were very popular in the UK due to good quality.
She said there was huge potential to increase bilateral trade between Pakistan and United Kingdom.
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About China Pakistan Economic Corridor, the British Deputy High Commissioner said it is a big project.
"The UK has expertise in many sectors like infrastructure, accountancy, finance, project management, architect and we are looking for opportunities for British companies in this mega project ," she said.
Earlier, Chairman Mundia Group M. Ilyas Mundia, Basit Mundia and Mohammad Junaid Mudia welcomed the guests and presented shields. The guests included UK Deputy High Commissioner, the Counsel Generals of Oman, Russia, Japan, Germany, Switzerland and Korea.
A number of dignitaries attended the event.
