How to start business in Pakistan? UK Tells
Aftab Ahmed
Islamabad: UK government has held a web seminar to tell people how to start a business in Pakistan. During a seminar, panelists informed ways and opportunities for doing business in Pakistan.
British businesses have been encouraged to invest in Pakistan, as part of an ongoing program of events run by the UK government to highlight new opportunities here how to start a trade business in Pakistan.
In this regard, the webinar ‘Doing Business in Pakistan’ held on the 29th of April, brought together three exceptional panelists who have welcomed the support offered by the UK’s Department for International Trade.
Furthermore, Ann Francke, Chief Executive of the Chartered Management Institute; Ash Ramzan, Principal Consultant at Woodley BioReg Limited; and Jag Grewal, Commercial Director, at Omega Diagnostic, all wanted to share their experiences and inspire those who are looking for their next challenge to tell how to start a business in Pakistan.
Pakistan, an exciting place for doing business
Olivia Campbell, the UK’s Deputy Director for Trade in Pakistan and Chair of the Panel, said: “Pakistan is an exciting market that provides lots of potential for the UK. As a result, We have almost 200 UK firms doing business in Pakistan, and this number is growing every year.
By sharing the experience of UK businesses who have had success in this market, in this regard, we want to encourage more British firms to consider Pakistan as their partner of choice.”
The webinar was targeted at UK businesses; the event highlighted opportunities for British firms how to start businesses in Pakistan. They provided guidance and discussed services that DIT can provide. The purpose was to provide insights and guide how to start a business in Pakistan.
In the meantime, around 197 British firms are operating and investing in Pakistan. Major UK businesses that made success included Mott MacDonald in infrastructure development. It also played an important role in the development of the Islamabad Airport.
Additionally, other businesses include Unilever and Reckitt Benckiser in consumer goods; Standard Chartered and UBL in banking; GlaxoSmithKline in pharmaceuticals (who sell seven products every second in Pakistan) and Shell in oil and gas.
Meanwhile, the webinar ended with a Q&A session discussing the ways and challenges of how to do business in Pakistan and all the DIT support available to counter these.
