Representatives of about twenty (20) Korean investment companies are scheduled to visit Pakistan from February 27 to March 2 to explore investment opportunities in various projects of the country.
During the visit the delegate representatives of these companies are scheduled to hold meetings with the concerned quarters of the projects, sources of Board of Investment (BOI) said.
According to details, the companies include Samsung Constructions and Trading Corporation that will hold meetings for investment in LNG offshore receiving terminal project, CNG bus project through PPP mode and power projects. The company has also been requested to invest Karachi-Hyderabad expressway and Karachi-Port Qasim elevated expressway, the sources added.
Lotte Group would explore projects in petrochemical sector while Wisdom will be seeking investment opportunities in agriculture sector by utilizing the strengths of both the countries as Pakistan has rich agriculture and dairy resources while Korea has advanced food processing technology. Similarly, Six-Group Company would be looking projects in LNG and Steel market and is also expected to take part in the tender floated by Sui Southern Gas Company. Korean Railroad would seek investment potential in supplying unused locomotives to Pakistan in addition to providing simulators and training for locomotives’ drivers through KOICA grant. ECO-One would look investment opportunities in Auto rickshaw market, while Korea Water Resource Corporation (K-Water) is interested in hydro power sector and consortium with Daewoo E&C in Hydropower project and Lower Palos Valley project.