Thai delegation in Pakistan to explore investment opportunities

A Thai delegation led by Chollada Areerajjakul, Executive Director, Thai Board of Investment, along with representatives of Billiger & Company of Thailand visited Islamabad Chamber of Commerce and Industry to discuss possible investment opportunities in Pakistan.

Speaking on the occasion, Chollada Areerajjakul on Friday said that Pakistan is considered to be a potential hub for investment and the delegation has come to explore opportunities in textiles and clothing, jewellery, processed agricultural products and much more for Thai investors.

He further said that Pakistan and Thailand have started negotiations to sign a Free Trade Agreement (FTA) and hoped that the FTA would help in boosting the bilateral trade between the two countries.

Addressing the Thai delegation, Islamabad Chamber of Commerce and Industry (ICCI) President Atif Ikram Sheikh stressed upon the need of regular exchange of trade delegations between Pakistan and Thailand to find out all potential areas of mutual cooperation and to improve bilateral trade.

He said that Pakistan was basically an agro-based economy with huge foreign investment potential and emphasised that Thai investors should bring latest agriculture technology and machinery to Pakistan and establish joint ventures to produce textile products and value added food.

Pakistan has liberal investment policies and that ICCI would extend all possible help to Thai investors for making investment in Pakistan. In fact, the Thai investors should set up production plants in areas of interest to get better access to South and Central Asian markets.