Islamabad: During a meeting with the Federal Minister for Economic Affairs, Omar Ayub Khan, on Wednesday, the Japanese Ambassador to Pakistan, Kuninori Matsudam, stated that Japanese companies were interested in investing in Pakistan’s auto sector.
According to the ambassador, one of the major Japanese auto companies is likely to invest heavily in Pakistan in the near future to expand its hybrid car production capacity in order to satisfy the needs of the local market as well as sell to other countries.
He also praised the government’s efforts to effectively manage polio in Pakistan, noting that only one incidence of polio has been reported this year.
Meanwhile, Khan praised Matsuda’s tireless efforts to strengthen Pak-Japan commercial ties during his three-year stay in Pakistan.
Matsuda also stated that there is significant potential for increased bilateral trade and investment, as well as the export of talented human resources to Japan.
The ambassador also emphasised the necessity of regional integration and connectivity with Central Asia, which would aid in the region’s economic development through increased commerce, investment, and tourism.