British companies to invest in Pakistan’s infrastructure development

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Karachi, Pakistan (CU)_ The British Deputy High Commission, Karachi, conducts its webinar series in order to seek partnership between British and Pakistani infrastructure companies. The meeting was conducted by the British Deputy High Commissioner and Country Director for Trade, Mike Nithavrianakis. The committee discussed the possibilities for collaboration between British and Pakistani infrastructure companies to invest in Pakistan’s infrastructure development. The webinar also provided UK and local businesses with a good networking opportunity to connect and exchange experiences and insights into the dramatic opportunities available in Pakistan.

Speakers who addressed the prospects for infrastructure, the regulatory environment, and investment policies to attract foreign investors to Pakistan’s infrastructure market are Ayesha Dhedhi, CEO, Creek Developers Pvt Ltd; Dr Tahir Masood, Managing Director, NESPAK; and Maheen Rahman, CEO, InfraZamin. The other speakers were Richard Cantlay, Global Head of Healthcare Buildings; and Mark Gill, Hydro Power Project Manager of Mott MacDonald, a British firm. For over 50 years, Mott MacDonald has been encouraging growth in Pakistan and has also worked on five hydropower projects in Pakistan, growing the country’s electricity production tremendously.

Mike Nithavrianakis, British Deputy High Commissioner, Karachi, and Director for Trade, Pakistan, detailed about the existing trade relations between UK and Pakistan. He said, “These webinars are a means of strengthening relations between UK and Pakistani companies to enhance bilateral trade. The UK is already Pakistan’s second largest export market and fourth largest source of foreign direct investment. The UK wants to see more UK companies investing in the infrastructure development of Pakistan. This is big market and strength of the infrastructure development ecosystem like supply chains, presence of future skills, and top-quality professional services are also available. Companies should make best use of this.”

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