(15-02-2017): Ambassador Farukh Amil called on Mr. Tadashi Maeda, CEO, Executive Managing Director, Japan Bank for International Cooperation (JBIC) on 6 February 2017 at the JBIC Headquarter.
Both sides exchanged views on Pakistan's booming economy and emerging consumer market in particular growing middle class creating demands. Executive Managing Director underlined that Pakistan's macroeconomic indicators are improving remarkably which offer greater opportunities for Japanese Business Corporations. He shared that Japanese Corporations are interested to invest in Energy and Infrastructure Development in Pakistan to create long terms partnership. Executive Managing Director also recalled his recent meeting with Prime Minister Nawaz Sharif at Davos, Switzerland.
Both sides also shared their vision to promote SME's in Pakistan to generate employment. The Ambassador underscored that there are 81 Japanese Corporations in Pakistan and they are thriving especially automobile sector is earning enormous profit. He appreciated the Japanese technology's superiority and durability and expressed hope that in connection with Japanese knowledge and technical expertise Pakistan's industry can also benefit. The Ambassador also highlighted that democratic stability and in line with Prime Minister's vision of "Peaceful Neighbourhood" there are enormous prospects of future investment in energy projects such as IP,TAPI and CASA. Furthermore, the Ambassador shared the Prime Minister's vision of Public Private Partnership.
The Ambassador was assisted by Commercial Counsellor Mr. Abubakar and Second Secretary Mr. Adnan. Director General, JBIC, Mr. Ogawa and Director, JBIC, Mr. Nagano were also present.