Islamabad: According to press reports, Japanese Ambassador to Pakistan Kuninori Matsuda stated on Tuesday (August 3) that numerous Japanese firms involved in car and food manufacturing are keen to invest in Pakistan. This was mentioned by the Ambassador at a meeting with Fareena Mazhar, the Secretary of the Board of Investment (BOI).
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The two talked about Pakistan’s prospects for international investment. The ambassador was told by the secretary of the economic prospects available to foreign investors in a variety of industries. Concerns raised by the ambassador concerning advance tax will be handled with higher-ups, according to BOI Secretary Mazhar, and a mutually beneficial partnership will be created.
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The Japanese ambassador told the secretary about a planned joint conversation between the Japanese government and the corporate sector in the second half of the year. He also noted that the two nations would celebrate their 70th anniversary of diplomatic relations, which will provide an opportunity to strengthen their already strong ties.
It’s worth noting that a number of Japanese automakers have previously indicated an interest in constructing factories in Pakistan.
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