Diplomats for improving Pakistan’s perception to attract foreign investment

Karachi-based diplomats have underscored the need to improve the perception about Pakistan in order to attract maximum number of foreign investors who will certainly be interested in massive investment opportunities available in Pakistan,particularly Karachi. Exchanging views at a Breakfast Meeting hosted by Karachi Chamber of Commerce & Industry, they added that investors from US,Switzerland,Turkey and Germany were keen to explore investment opportunities in Pakistan but the negative perception, excessive paper-work and bureaucracy were hindering FDI in the country. They also advised the business and industrial community of Karachi to focus on diversifying their exports as staying confined mostly to textile exports would not yield the desired results.