Vast investment scope in Pak energy sectors for US firms

LAHORE – The energy, infrastructure, manufacturing, agriculture, IT, communications and transportation sectors in Pakistan are the potential areas from which the Houston, Texas and US companies can get lucrative business options.
These views were expressed by renowned speakers including, the Consul General of Pakistan Aqil Nadeem and the Harris County Judge Mr. Ed Emmett at a Conference on “Doing Business with Pakistan” held at the Federal Reserve, Houston. The conference was organized by Pakistan Chamber of Commerce, USA with active support of Houston Consulate General of Pakistan. The objective was to motivate the Texas community about potential, benefits business with Pakistan. The Harris County Judge presented an optimistic outlook of Pakistan on economic front. He was of the view that once Afghan conflict is over, Pakistan is bound to progress at a much faster pace. He emphasized the need of exploring business options in Pakistan.
Wasim Rahim, and Ashraf Abbasi of Pakistan Chamber of Commerce USA briefed the role of Chamber, its contributions. Commercial Attaché Fawad Ali Shah, made a detailed presentation on the forthcoming Expo Pakistan, the biggest trade fair of Pakistan to be held from 4-7 October 2012 at Karachi.
The other guest speakers from EXIM Bank, Overseas Private Investment Corporation and US Department of Commerce explained the policies of their respective organizations and expressed their willingness to support trade and investment projects in relation to USA and Pakistan.
The representatives of Mayor’s Office, Greater Houston Partnership, International Trade Centre, US Minority Business Enterprise Council and US Small Business Development Administration also appreciated the significance of doing business with Pakistan and renewed their continuous support for the trade and commerce initiatives taken by the Consulate General of Pakistan and the Pakistan Chamber of Commerce USA. 
Prominent business leaders of Houston having diverse interests in trade and investment with Pakistan interacted with the penal of speakers to inquire about their product specific requirements. Businessmen from other cities of Texas, including Dallas and Austin, were also present to find opportunities of business with Pakistan. The participants showed a strong commitment in expanding their business linkages with Pakistan. The Consulate General of Pakistan in Houston and Pakistan Chamber of Commerce ensured that in future more commercial activities will be arranged in Houston and other cities of Texas for creating awareness about the potential business opportunities and facilitating business to business interaction.

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