Fin­land to in­vest in Pak tech, en­ergy sec­tors

The Pak Banker - - National -

KARACHI: Pak­istan has 60 mil­lion cell phone users and of­fers an ideal mar­ket for the man­u­fac­tur­ers.

Fin­land en­joys tech­ni­cal edge in Europe with its cel­lu­lar and sports brands, al­ter­na­tive en­ergy so­lu­tions, tech­no­log­i­cal in­ven­tions. Whereas, Pak­istan has huge po­ten­tial for technology ex­pan­sion and l arge pop­u­la­tion ef­fi­cient man­power which makes her very at­trac­tive mar­ket for in­vest­ment, Pres­i­dent Karachi Cham­ber of Com­merce and In­dus­try, Muham­mad Saeed Shafiq said in a dis­cus­sion with Fin­land Am­bas­sador Osmo Lipp­po­nen here at KCCI.

KCCI Pres­i­dent urged the Fin­nish Am­bas­sador to con­sider Pak­istan for in­vest­ment and help the grow­ing econ­omy with new gen­er­a­tion techno- log­i­cal so­lu­tions. He also in­vited Fin­land to par­tic­i­pate in KCCI flag­ship ex­hi­bi­tion "My-Karachi" sched­uled to be held in June 2011. Se­nior Vice Pres­i­dent KCCI, Talat Mah­mood en­dorsed the sug­ges­tion made by the KCCI Pres­i­dent and added that Pak­istan has more than 60 mil­lion of mo­bile users and thus she pro­vides an ideal plat­form. Fin­land en­joys tech­no­log­i­cal edge in Europe and should best uti­lize the po­ten­tial Pak­istan of­fers.

KCCI Vice Pres­i­dent Ju­naid Es­mail Makda called for en­hanced tex­tile quo­tas in Europe and more in­vest­ment in al­ter­na­tive en­ergy sec­tor of Pak­istan. Fin­land should help the nation over­come the en­ergy cri­sis with mod­ern and in­ex­pen­sive al­ter­na­tive en­ergy so­lu­tions, Makda said. Fin­land Am­bas­sador, Osmo Lipp­po­nen re­cip­ro­cated the grat­i­tude and in­ter­est expressed by KCCI and briefed about the Fin­nish lead­ing brands in the world.

He also overviewed the in­volve­ment of Fin­land in pro­vid­ing tech­ni­cal sup­port for Pak­istan's har­bor and 11 air­ports. He ap­plauded the in­ter­est shown by KCCI in Fin­nish tech­ni­cal ad­van­tage and sug­gested to es­tab­lish vi­brant links with Fin­land Cham­ber of Com­merce. The Fin­nish Am­bas­sador high­lighted the bio-fuel sys­tem Fin­land has. It is the most ad­vance sec­ond gen­er­a­tion en­ergy technology ex­tracted through sug­ar­cane.

Katja Kal­maki, Deputy Head of Mis­sion/ Sec­ond Sec­re­tary of Fin­land in Pak­istan and KCCI Man­ag­ing Com­mit­tee Mem­bers were also present in the meet­ing. -App

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