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Facilitatons to Japanese companies for investing in Pakistan

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Prime Minister Shahid Khaqan Abbasi has said that the government will provide full support and facilitation to the Japanese companies that are interested to invest in Pakistan. Talking to CEO of Japan Bank for International Cooperation (JBIC) Tadashi Maeda at World Economic Forum (WEF) in Davos, he hoped that JBIC will support Japanese companies in their investments in Pakistan particularly in the energy sector. He said Pakistan and Japan enjoy a very long and cherished history of economic cooperation that is of immense importance to Pakistan. Shahid Khaqan Abbasi said in the last few years Pakistan has made tremendous achievements towards political stability, law and order, energy security, and economic growth. He said we are hoping that these positive indicators will incite Japanese companies and businesses to enhance their ties. The prime minister apprised that there are 84 Japanese companies currently operating in Pakistan and many more are expected to enter Pakistani market at an exponential rate. PM Abbasi invited JBIC to open its operations in Pakistan. CEO JBIC appreciated the economic stability achieved by Pakistan and expressed interest for investments in Energy and Telecom sectors. JBIC has provided funding for Kohat tunnel-I, II and other infrastructure projects.

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