Saturday, November 21, 2009

Swiss companies keen to invest in Pakistan

KARACHI: Consul General of Switzerland Martin Benz has said that some large Swiss companies have shown interest in investing in Pakistan, especially in Karachi.

He was speaking at a lunch hosted by the honorary Consul General of Mozambique, Khalid Tawab, here on Friday. A large number of leading businessmen attended the lunch.He said that a large number of Swiss companies were successfully operating in Pakistan, especially in pharmaceutical business and made huge investments.

He informed the businessmen that Switzerland has already started issuing Schengen visas for European countries. This visa is valid for three years, he added.Khalid Tawab urged the Swiss Consul General to remove hurdles in the way of issuing visa to Pakistani businessmen and industrialists to further strengthen bilateral ties amongst the private sector and promote investment.He also urged him to encourage Swiss businessmen to invest in energy sector projects, especially coal based projects in Pakistan, to end power shortages.

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