Pakistan Haven For Foreign Investors, Malaysian Delegation Told.

LAHORE -- Lahore Chamber of Commerce and Industry (LCCI) President Mian Nauman Kabir said on Monday that Pakistan had great economic credentials like growing potential of the local market, availability of rich natural resources, a liberal investment regime and growing potential of the local market which made it a great place for trade and investment.

He expressed these views while briefing a high-powered Malaysian delegation about investment opportunities in Pakistan here at LCCI office. LCCI Senior Vice President Mian Rehman Aziz Chan, Trade and Investment Counselor of Pakistani Embassy in Malaysia Shafqat Ali Niazi, LCCI EC Members Naeem Hanif, Ahmad Elahi, Shamim Akhtar, Chaudhry Wajid Ali, Mardan Ali Zaidi and former Senior Vice President Ali Hassam Asghar also spoke on the occasion. Mian Nauman Kabir said that foreign investors should come forward and avail unique trade and investment opportunities through joint ventures with their Pakistani counterparts.

He said that Pakistan is blessed with a variety of fruits and vegetables which have their distinctive color, taste and tang. 'It is because our country is gifted with abundant natural resources and fertile terrain,' he added. He said that the most common fruits which are produced in Pakistan include mangoes, citrus, grapes, guava, apple, banana and plum etc. In addition to this, some other fruits which make it to the list are strawberry, cherry, peach, pear, apricot, lychee, papaya, and pomegranate. He said that the most common vegetables grown in Pakistan are potato, tomato, peas, different kinds of gourd, cauliflower, spinach, onion, garlic, cucumber, carrot, eggplant, pumpkin and cabbage etc. The LCCI president informed the delegation that the large amount of fruits and vegetables are consumed domestically and less than 10 percent of total production is exported. The export earnings from this sector have been following increasing trend since 2019 whereas Pakistan fetched 493...