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Article: PAKISTAN STILL ATTRACTS FDI DESPITE SECURITY CONCERNS.
- Article from:
- AsiaPulse News
- Article date:
- November 10, 2009
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LAHORE, Nov 10 Asia Pulse - Despite its security concerns, Pakistan's cheap manpower and utilities seem to have the edge in luring foreign direct investments including Malaysian firms especially to its first integrated industrial estate -- the Sundar Industrial Estate here.
More than 20 per cent of the 674 hectare industrial lots have been taken up by multinational companies, especially from Europe, the chief executive officer of the Punjab Industrial Estates Development and Management Company (PIEDMC), Sabir P Chohan, said.
He said Tetra Pak International, the Swedish packaging company which was looking for a site for its regional centre, chose the ...