German investors express keen interest in Pakistan’s tourism sector

German investors

A German investors held a high-level meeting with the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and health officials in Karachi in order to discuss mutual interest matters. 

As per the details, a delegation of Business Coral GmbH under the headship of its CEO Syed Mohsin Raza met with the FPCCI delegation and officials of the health sector to deliberate upon investment opportunities and to provide specialized services/expertise regarding Pakistan’s tourism and health industry. 

The German company, during the meeting, also announced employment opportunities for Pakistani nursing and para-medical staff in German hospitals. 

During the meeting, the German delegation also showed a keen interest to explore investment in Pakistan’s tourism industry. 

In the recent past, the United Arab Emirates (UAE) was also looking forward to investing one billion dollars in Pakistan’s economic and investment sectors, according to an official source in Abu Dhabi. 

Read more: Germany to provide €448.5 million aid for uplift of various sectors in Pakistan

The move intends at discovering as well as boosting new investment opportunities, increasing bilateral economic relations, and improve mutual cooperation in projects covering several sectors of the economy. 

Moreover, the German investors Last year visited Pakistan and expressed interest to bring investment in various sectors and also observed new avenues to boost the business and investment relations between the two countries. 

The media reported that the investors were keen to invest in the dairy industry, automobile, communication, and service sector as potential sectors. 

Meanwhile, sectors including Food Processing, Automotive, IT, Textiles, Energy, Logistics, and Housing and Construction were also discussed for investment in Pakistan. The German company Weidmüller also told the meeting that it was planning to start a production plant in Pakistan in the near future. 

The company enjoys a top position in the transmission of power, signals, and data in industrial environments. 

It is pertinent to mention that a number of German companies have a prominent presence in different parts of the world and are now visiting Pakistan to study the business climate and explore lucrative investment opportunities in Pakistan. 

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