The government pledges full support to Japanese investors and strengthens development cooperation with the Asian Development Bank through economic reforms and sectoral growth plans.
The government has reiterated its commitment to welcoming foreign investment, particularly from Japan, by offering full support and a favourable business environment. Key sectors identified for collaboration include agriculture, information technology and textiles.
In a recent high-level meeting with a senior representative from Japan’s International Cooperation Bank, officials highlighted Pakistan’s competitive labour market and increasing international interest in development projects. They emphasised the need to deepen economic and diplomatic ties with Japan, noting its valuable role in past industrial and trade cooperation.
The government expressed its willingness to provide all necessary facilities to Japanese investors and financial institutions looking to do business in Pakistan. It also highlighted the opportunity to combine Japanese technology with local expertise to drive growth in multiple sectors.
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In a separate engagement, the government held discussions with leadership from the Asian Development Bank (ADB) to explore further collaboration. Officials appreciated the bank’s long-standing partnership and expressed optimism about ADB’s continued involvement in infrastructure, transport and mineral development projects.
The meeting also included an update on recent economic reforms, including better tax revenue collection, energy sector improvements, efforts to address climate change, and expanded social support programs. ADB representatives acknowledged these reforms and reaffirmed their support for Pakistan’s development priorities.
