A recent news report shared by Express Tribunelink, it has been revealed thatUS-based investors have expressed their interest in the rapidly expandingEV sector of Pakistan. The said development was announced in an officialstatement by the Consul General Lahore, Catherine Rodriguez, who added thatthe investors are looking to make a “quantum jump in bilateral trade.”
Reportedly, a Zoom meeting was held between the president of the FaisalabadChamber of Commerce and Industry (FCCI) Hafiz Ihtisham Javed and the ConsulGeneral, where she said that the US-based investors are eyeing the prospectof setting up vehicle assembling facilities in Pakistan.
She commented that, as of late, the country has seen a huge improvement inthe law and order situation, which is why the investors from the US wish toestablish their footprint in the rising auto industry of Pakistan.Rodriguez further added that she will be holding face-to-face meetings withthe industrialists in Faisalabad to explore opportunities for business inthe region.——————————
The President of FCCI extended his gratitude towards the participants ofthe meeting and stated that Faisalabad is a suitable geographical andstrategic location for the new industrialists to begin their business fromhere.
The abundance of skilled labor and the central location that offers ease ona logistical front serves in favor of the aspiring industrialists.
Read Top Stories
He added that the US-based technology would do wonders for the Pakistanibusiness industry as “it is the best in the world and we can improvequality of our products in addition to reducing the cost of production.”
Source:link
