Sindh Board of Investment holds meeting with German delegation

Karachi, November 25, 2015 (PPI-OT): A German delegation from M/s C.MELCHERS GMBH and CO.KG visited Sindh Board of Investment to discuss their long term business expansion plan in Pakistan. The meeting was chaired by Chairman SBI, Mr. Asif A. Brohi and co-chaired by the Director General, SBI, Mr. Iftikhar Ali shallwani. The German delegation comprised of Mr. Dirk Saenger, Group Managing Director, Mr. Armin Gesse, Head of Hamburg office and Mr. Mohammad Saifullah Al Tarek, Country Manager for Pakistan liaison office.

Mr. Dirk informed the chair that M/s C.MELCHERS GMBH and CO.KG is a global company with a wide range of services and with trading knowhow in diverse areas of business having network of more than 50 subsidiaries in Germany and abroad makes us a powerful, dependable partner.

Our experienced experts are there to support at local level, ensuring the successful implementation of specific requirements. He further briefed that the company initially is looking forward to help in value addition of Textile sector of Pakistan, and wide range of other businesses from import and export of goods up to providing soft skills to local labour force and hence showed keen interest in a number of other projects as well.

The chair gave a warm welcome to the German counterpart and appreciated their strong business ambitions here in Pakistan. Mr. iftikhar Ali Shallwani, Director General, SBI, gave a detailed presentation of all the projects and facilities SBI is providing to the investors specifically the grant of tax holiday of 10 years for the investors in SEZ’s, he offered a number of sectors where there is a huge possibility and potential of investment and also assured to extend full fledge support to the German Company for setting up business in Pakistan.

The German delegation appreciated the role of SBI in supporting foreign investors in Pakistan as one window facilitator and soothing the investment climate in Pakistan which is indeed a remarkable job.

For more information, contact:
Sindh Board of Investment
Government of Sindh
1st Floor, Tower B, Finance and Trade Centre
Karachi, Pakistan.
Tel: +92-21-99207512-4
Fax: +92-21-99207515