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Reading: Europeans keen to invest in Karachi’s infrastructure: Stefano
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PhotoNews Pakistan > Pakistan > Europeans keen to invest in Karachi’s infrastructure: Stefano
Pakistan

Europeans keen to invest in Karachi’s infrastructure: Stefano

Web Desk
By Web Desk Published April 22, 2015 2 Min Read
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Karachi : European countries are keen to make more investment in Karachi in the fields of energy, infrastructure, agriculture and fisheries, as it is an ideal place for business.

This was stated by Stefano Gato, who as the head of a European Union’s (EU) delegation called on Sindh Governor Dr Ishratul Ebad at Governor House, here Tuesday evening. Stefano Gato briefed the Governor about EU investment in Pakistan, especially Karachi. He told the Governor that several European countries are interested to make more investment in different sectors and mega projects in Karachi. He said Karachi is a suitable place where profit is certain, He hoped that EU investment will help eradicate poverty and unemployment in Karachi and rest of the country.

The Governor told the EU delegation that the ongoing security forces’ action against terrorists and criminals has created a positive impression abroad, adding that visible decline has been witnessed in all types of crimes in Karachi, the commercial hub of the country, and it has been acknowledged by the business community. Dr Ishrat said that utilization, of Karachi’s full potential by investing here will definitely give positive results, as companies which have invested here are earning profits.

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