KARACHI: Several foreign investors are taking keen interest to buy local products displayed at the 9th edition of Expo Pakistan 2015 at Expo Centre Karachi and signed number of MoUs.
TDAP Chief Executive SM Muneer and Secretary Rabiya Javeri Agha were also present at the signing ceremony.
An MoU has been signed between a Moroccan company, M/s Materials Agricolas Automobiles & Industries and Balochistan Wheels Limited for the purchase of tractor wheel rims. The Moroccan Company has agreed to purchase tractor wheel rims worth $1.1 million from Balochistan Wheels in the next eighteen months.
Another MoU between Chinese and Pakistani Gems and Jewellery Association signed. A strategic Cooperation Memorandum has been signed between Gems and Jewellery Trade Association of China (GAC) and All Pakistan Gem Merchants and Jewellers Association (APGPA).
Meanwhile, another MoU by Saudi Company for purchase of tents and canvas cloth, a contract worth $6 million was signed for export of tents and canvas cloth from Pakistan to Saudi Arabia between Abid Hassan Sabri of Al-Farooq Enterprises, of Pakistan and Abdullah Muhammad, Al-Ghamdi Trading Estate of Saudi Arabia. Ghamdi expressed his confidence in the Pakistani product and hopes to double the tent order in next year.
