LAHORE: Pakistan has become a land of opportunities as its various economic sectors, particularly energy sector and huge untapped mineral resources worth trillions of dollars have great scope for potential foreign investors.
These views were expressed by LCCI Senior Vice President Mian Tariq Misbah while talking to Senior Analyst of Canadian High Commission Jawad Qureshi here on Wednesday. Misbah said that that the agriculture sector also offers a huge potential particularly any investment made in livestock and dairy sectors is bound to make big profits. He said that economic indicators were fast turning positive, law and order situation is also becoming satisfactory while investment climate is picking up with every passing day. The availability of cheaper skilled and unskilled labour, low priced land as compared to other regional countries and an infrastructure of international standards would definitely create a win-win scenario for global investors, he added.
He also informed Jawad Qureshi that Lahore Chamber of Commerce & Industry has established first-ever and first of its kind Mediation Centre at the Chamber backed and supported by IFC (World Bank Group) and is all set for out-of court settlement of business disputes through mediation. He said that the Mediation Centre is aimed at helping the private sector companies to resolve disputes quickly since in commercial court, cases are often expensive and take a long time.
