Dr Tilo Klinner, Consul General of Germany in Karachi, on Saturday said the energy sector could be the main focus for the German and Pakistani companies in terms of collaboration to rid the latter of the lingering energy crisis.
In this regard, Siemens Pakistan Engineering Co. Ltd may play a vital role for offering energy solutions in Pakistan, especially in the SITE of Karachi, where bulk consumers were present, the Consul General said during a visit to S.I.T.E. Association of Industry.
Dr Klinner was welcomed by Naseem Anwar, Senior Vice Chairman and Chairman, Int’l Relations, Diplomatic Affairs Sub-Committee, S.I.T.E. Association of Industry, along with the members of Executive Committee of the Association.
Pakistan had tremendous potential in terms of bilateral trade with Germany, he said. He said energy sector could be the main focus wherein efforts were required for joint collaboration with Pakistani and German companies and in this regard Siemens Pakistan Engineering Co. Ltd may play a vital role for energy solution in Pakistan, especially in SITE Karachi, where bulk consumers were present.
He also invited Pakistani companies interested to visit Germany, a business tour was being arranged in October 2013, which will be useful by B2B contacts with businessmen of both the countries as it will be an opportunity to meet people willing to invest in energy sector. He also offered to approach Pakistan German Business Forum wherein vocational training courses are arranged. He was of the view that German investors look forward to security and safety before entering into joint collaboration with Pakistani counterparts.
Thus it is very important to have good secured environment to encourage foreign investors.
Naseem Anwar of S.I.T.E. Association briefed the Consul General saying the industries of various sectors were operating in this biggest and oldest industrial estate of the country, having potential to increase bilateral trade and investment between Germany and Pakistan.
The Consul General was requested to play his effective role in enhancing bilateral trade relations between the two countries. No doubt that Germany is counted as the biggest exporter of the world but Pakistan being one of the 5th largest wheat, rice, cotton, milk and sugar producing countries had a great potential to promote bilateral trade for the mutual benifit of two economies.
It was also pointed out that lack of communication and inter-links, sector wise B2B exchange programs, sector specific companies information and energy sectors, where our country is facing serious problems, needs to work out as well as Joint Ventures for Energy be initiated between Germany and Pakistan.
It was also discussed that about 200 German companies were operating in Dubai who may join hands with Pakistani companies for joint collaboration to boost up bilateral trade and economic activities and help Pakistan to increase trade.
The concern related to security situation in the SITE area was also communicated to the Consul General through a lay-out plan initiated by S.I.T.E. Association of Industry on self-help basis and close liaison with CPLC and Government of Sindh to which the Consul General expressed satisfaction saying militant activities occurred in Pakistan was sending a wrong message to the world discouraging FDI in Pakistan as peace was a prerequisite for trade and investment in a country.
