ISLAMABAD: Federal Minister for Maritime Affairs Syed Ali Haider Zaidi has said that Pakistan’s maritime sector offers enormous investment opportunities for the Japanese investors.
He stated this while talking to Ambassador of Japan to Pakistan WADA Mitsuhiro who visited the Ministry of Maritime Affairs and called on him here on Wednesday.
Matters of mutual interest came under discussion during the meeting and the minister proposed to set up a tax free zone in Port Qasim for the period of next ten years to boost investment and development for both the nations.
Syed Ali Haider Zaidi reiterated that Pakistan is a country having huge potential in terms of human resource, fisheries, cheap labor and agriculture.
The vision of Blue Economy is opening new corridors for enlargement of progress not only for Pakistan but it also offers huge investment opportunities to Japan, he added.
The Minister Maritime Affairs assured the Japanese envoy of full assistance from Pakistan and elucidated about the importance of recent coastal developments in Gwadar and Port Qasim.
He further apprised about the huge development going on in Port Qasim including a project worth approx. 150m to 200m in pipeline.
The Government of Pakistan is going to announce building of three more terminals in the coming two months that will open massive investments opportunities for Japan. Minister further discussed the provision of the export of Tuna to Japan.
As Japan is one of the biggest consumers of Tuna and Pakistan has huge potential to provide the export in abundance to Japan. It will further prove fruitful for both the economies of Pakistan and Japan.
Both the Minister and Ambassador agreed to keep close coordination in future as well.
