UK Pakistan Business Council hosted a successful webinar on investment in Pakistan, participated by influential personalities from Pakistan and the UK, including the Director of Riseonics, Ahmad Mian.
A webinar on the topic of the benefits of Investing in Pakistan was hosted by the UK Pakistan Business Council (UKPBC) on 9th March 2022. The speakers include Senator Zeeshan Khanzada - Chairman Senate Standing Committee on Commerce, Sahibzada Jahangir - Special Assistant to Prime Minister of Pakistan for Trade and Investment, Shafiq Shahzad - Minister Trade and Investment, Pakistan High Commission London, Adeel Riaz - President (Pak) UK Pakistan Business Council, Dr G. Murtaza - Chairman Advisory Board – UKPBC, Ahmed Aziz Tarar - Director General Lahore Development Authority, Faisal Manzoor - President Mirpur Chamber of Commerce. Ahmad Mian – Director Riseonics presented Riseonics in this webinar.
Different investment opportunities for overseas Pakistanis were discussed by the attendees. There were many reasons for the rise of investment in Pakistan were noted, some of them being the strategic location of Pakistan, the continuous growth of GDP, rapidly growing population, Competitive labour cost, young and skilled workforce, improving infrastructure in the country, low competition and foreign investment incentives like tax concession, double tax treaties, low-interest loans, and research and development.
Keeping in mind all these points, the attendees went on further to discuss the importance of time concerning investment in Pakistan. Now might be the right time to invest there as there are a lot of concessions present for the foreign investor that were not there before. Also due to the recent developments in the country, waiting any further could prove to be expensive, because Pakistan is already the second biggest market in the region and in a few years, it might become even bigger. Investing now will guarantee high returns in the future.
Ahmad Mian, Director of Riseonics, made an exclusive appearance in the webinar and shared his valuable opinion on this matter. On this topic, he said that:
“Keeping in view the latest trend of investment in Pakistan, we also initiated several real estate projects in the country, mainly in the two very important cities of Pakistan, Lahore and Gwadar. These two cities are important for the country for two different reasons. Lahore is the 2nd biggest and one of the most industrialised cities of Pakistan, and Gwadar due to the recent developments in the CPEC.
In Lahore, we currently have different projects including Riseonic Deluxe Homes, Riseonic Emerald Homes and Riseonic Heights. Riseonic Heights is a luxury apartment building project, aimed to provide a quality ready-to-live option for overseas Pakistanis. All our projects are located in prime locations in the cities.
Also in Gwadar, we have many projects going on with fast-paced construction and quality work. We also hope to see this trend rising and more investments to be made in Pakistan as it is beneficial for all.”