Daily The Business

Building Material and Product Expo :Foreigners say Pakistan has huge business, trade potential

BY:M JAHANGIR HAYAT 

LAHORE: Pakistan has a huge business and trade potential and the Pakistani businessmen are also thorough professionals besides this country is a nice place for exploring investment potential.

These views were expressed by the foreign businessmen and traders while talking to Daily The Business at the IAPEX 2019 Building Material and Product Exhibition at the Expo Centre.

Fiore Rubinetterie (Italy), CEO of Marco Fiore said that he was visiting Pakistan second time and his experience is wonderful so far as his business is concerned.
“In October 2018, we introduced our Fiore Rubinetterie as the Italian company and now we have come with more products to present them before the people of Pakistan with the help of Sagheer & Co CEO Muhammad Sagheer, our partner and getting good feedback,” he said.

When asked what the investment potential he sees in Pakistan, Fiore Rubinetterie said that as there is a good demand of Italian products in Pakistan, maybe one day  his company will manufacture goods and articles in Pakistan.

“We are getting stronger and stronger with each passing movement as we have introduced affordable nice products and once we win the trust of Pakistani people certainly we will consider manufacturing in the country. But all this will take time may be five or 10 years,” he stated, expressing that Pakistan is a nice place for exploring investment potential.

“I deal in, reinforced concrete slabs made of plastic material, light weight concrete slabs which when used in the concrete buildings reduces 30 percent of the concrete expenditures,” cobiax Managing Director Karsten Peffer said.

He said that the Pakistani market is new for him but he sees huge trade potential and congenial business and trade environment.
The businessmen of both the countries together can enhance the trade and business volume to new heights, Peffer hoped.

“Pakistan is a great destination with the business and trade point of view due to its geographical position and pleasant working conditions, ” said Fiore Rubinetterie, export head of Magda Danilowicz.

“We have completed a number of successful projects, including Defence Raya Commercial, Defence Raya Course DHA Lahore, The Spring Apartment Homes and High Q Towers with the support of our partners” she said adding that the very response is the reason that we have come to Pakistan.

’Already a big number of foreign companies are having their business here but with the improving scenario in the coming two years, more and more companies will be inclining to start their businesses in Pakistan, especially in Lahore and it is like another Dubai, she hoped.

When asked have your companies ever planned about investing in Pakistan or installing your manufacturing units here, Magda said definitely but it depends on how good Fiore Rubinetterie business develops.

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