CPEC SEZs open to British investors

President of Islamabad Chamber of Commerce and Industry (ICCI), Muhammad Shakeel Munir said on Wednesday that investors from the United Kingdom have a great opportunity to invest in the China-Pakistan Economic Corridor (CPEC) Special Economic Zones (SEZs).

In a meeting with Lord Mayor of Birmingham Councilor, Muhammad Afzal, the ICCI chief mentioned that CPEC SEZs are open to investment from around the world.

He appreciated the services of Lord Mayor of Birmingham Councilor for the Pakistani community in the UK.

Munir contended that Pakistan offered great opportunities to foreign investors in CPEC and in many other sectors of its economy, and he further urged the Lord Mayor of Birmingham to encourage investors from the UK to explore Joint Ventures (JVs) and investment in Pakistan.

Speaking on the occasion, Lord Mayor of Birmingham Councilor Muhammad Afzal noted that Pakistan and UK had great potential to promote bilateral trade, in this regard, the Pakistani private sector should step up efforts to achieve beneficial outcomes.

Lord Mayor of Birmingham said that after Brexit, the UK was interested in promoting trade relations with various countries, including Pakistan.

He observed that a strong Pakistani community of around 0.3 million people was living in Birmingham who could play a role in strengthening Pakistan-UK trade relations.

He said that construction was a booming industry in Birmingham, which offered good scope of cooperation to Pakistan.

He assured that he would encourage close cooperation of ICCI with Greater Birmingham Chamber of Commerce (GBCC) for improving business linkages between the private sectors of both the countries.

Lt. General Muhammad Afzal (retd), former Chairman National Disaster Management Authority (NDMA) also accompanied him during the meeting.