Pak business community to be facilitated in South Africa: Mpendulo (The Frontier Star (Pakistan))

High Commission of South Africa will facilitate Pakistani business community to have direct links with their counterparts in South Africa to give quantum jump to the trade between the two countries.

This was stated by his Excellency Mpendulo Jele High Commissioner of South Africa while addressing to the members of Faisalabad Chamber of Commerce and Industry (FCCI) here on Tuesday.

He said that Faisalabad is one of the most vibrant business centres of Pakistan and can play an important role in enhancing trade between the two countries.

He said that South Africa is basically a safe haven for foreign investors as its Government offers attractive investment incentives.

He said that a number of Pakistani companies have already invested successfully in various parts of South Africa and they are in the

process of discussing several new investment opportunities with companies based in different parts of Pakistan.

He said that South Africa is rich in minerals and other natural resources and many investors have already set up their manufacturing

plants in South Africa. He said that South Africa is also regarded as a gateway to Africa and especially the southern Africa region.

Earlier, in his welcome address President FCCI Engineer Rizwan Ashraf said that South Africa and Pakistan enjoy good cordial diplomatic and economic relations. Both the countries share similarities as to Members

of Commonwealth and former British colonies.

He said that keeping the economy size of both the countries, there is great potential for enhancing the volume of bilateral trade and strengthening the economic relations between Pakistan and South Africa.

Later, FCCI shield was also presented to Mr. Mpendulo Jele High Commissioner of South Africa.