Japan Special Economic Zone to be milestone in economic cooperation: KCCI

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) President, Muhammad Haroon Agar, has stated that Japan Special Economic Zone will prove to be a milestone in the economic and commercial cooperation between Pakistan and Japan.

He appreciated the initiative of Sindh Government through Sindh Board of Investment (SBI) to sign the Memorandum of Understanding with Japan to execute the establishment of Japan Special Economic Zone earmarked near Dhabeji in the vicinity of Karachi city.

Exchanging views with the a Japanese delegation of business persons led by Honorary Investment Counsellor, Board of Investment, Government of Pakistan, Dr. Hironao Takahashi, he emphasised to promote SMEs which are the driving force for the growth of economy.

Pakistan should learn and adopt the strategies of Japanese SMEs to uplift the SMEs sector here in Pakistan. Japan External Trade Organization (JETRO) Pakistan and KCCI may join hands for mutual cooperation to promote SMEs in association with its Japanese counterparts.

He focused that Pakistan’s exports to Japan can be multiplied while exploring the vast missed and untapped opportunities.

The Pakistan-Japan Special Economic Zone planned for establishment in Karachi will prove to be a milestone for enhancement of bilateral trade.