German carrier Lufthansa is eager to resume passenger flights to Pakistan after a 13-year absence.
The second-largest airline in Europe in terms of passengers carried, Lufthansa has shown interest in starting its flight operation in Pakistan after 13 years. It had stopped its activities in Pakistan due to commercial reasons. A high-level delegation from Germany including a representative of the airline met the Board of Investment (BoI) on Tuesday.
The 16-member delegation, led by Chief Executive Officer of German-Emirati Joint Council for Industry and Commerce (AHK), Oliver Oehms, Representatives of some important business houses of Germany is visiting Pakistan. All the enterprises keep their trading existence all over the world.
The delegation is visiting Pakistan to analyze and explore the investment opportunities in Pakistan. AHK which was found in 2009 is the first bilateral federal business organization and the first international institution on the federal level which has been founded in the Gulf. Moreover, it considers Pakistan one of the most emerging business opportunities in the world.
Keeping in view the going for startup of investment in the country, the AHK delegation is planning the visit of Karachi and Islamabad. German Ambassador, Bernhard Stephan Schlagheck met with Secretary BoI, Fareena Mazhar, and discussed the prospects of Lufthansa for resuming the flight operation in Pakistan.
The Secretary, BoI offered to arrange a meeting of the delegation with the Aviation Minister. The visiting delegation showed keen interest in the areas of the dairy industry, communication, automobile, and services.
Meanwhile, Secretary, BoI briefed the delegation on Pakistan’s investment policy which is based upon encouraging the investment-friendly atmosphere in the country. The delegation was informed that food processing, automotive, information technology, energy, textile, logistics, and housing are among the most potential sectors for investment in Pakistan.
Ms. Fareena said that Pakistan Regulatory Modernization Initiative (PRMI) was established in Pakistan to make the regulatory environment friendly. She informed the delegation about the tax incentives which are available in the 22 Special Economic Zones all over the country.