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Business News 2004
Business News->Pakistan Prospects
 


PAKISTAN PROSPECTS
Tuesday 23 November 2004, 9.45am – 12.30pm
London Chamber of Commerce and Industry,
33 Queen Street, London EC4R 1AP
Tel: 0207 203 1827 (Claire Paye)

PAKISTAN – THE COUNTRY

PakistanPakistan’s growth rate of 6.4% this year has positioned it amongst the world’s four fastest growing economies. The future looks good, with growth projected to rise to around 7% over the next few years. Britain already has a special relationship with Pakistan, with exports to Pakistan amounting to £300m in 2003, a market share of about 8.6%.

Improved industrial productivity this year has resulted in a significant increase in imports, by a total of 16%. The bulk of existing imports from the UK consist of specialised industrial machinery, power generation machinery, telecom and broadcasting equipment, chemicals, pharmaceutical and medical products.

However, major investments in human resources are planned, to increase the skill level of the Pakistani workforce. Information and communications technology is a key sector where British expertise is required in Pakistan. The UK is the largest investor in Pakistan, at US$219.4million in the year to June 03, showing our confidence in the projected development of the country.

PAKISTAN – THE SEMINAR

You will receive an excellent insight into prospects for British companies in Pakistan. Hammad Siddiqui, Trade and Investment Officer, British Deputy High Commission (BDHC), Karachi represents British commercial interests in Pakistan and is extremely well placed to advise companies on potential entry strategies. As the ICT specialist for the BDHC, he is on top of all the opportunities which exist for ICT companies looking to export to Pakistan. Other speakers will provide sufficient background and practical advice on Pakistan to equip any potential or existing exporter to Pakistan. Case studies will enable you to learn from the experience of other British companies. The networking time will enable key contacts to be made.

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