ISLAMABAD, April 1: A 12-member Ugandan trade delegation led by Madam Cecilia Ogwal, Member of Parliament of Uganda, on Thursday sought the help of the Government of Pakistan and Pakistani businessmen to help their new generation make their country a better place for economic activity.

During a meeting with the BoI chairman, Waseem Haqqie, here, Ms Ogwal said Uganda had vast tracts of fertile land and there were tremendous opportunities in the field of agriculture especially for cotton seed improvement and production of good quality cotton. She said though her country was poor, it was rich in resources.

"We offer attractive packages to the investors including tax holidays and land availability. Tourism and wildlife sector can be explored to the mutual benefit of both the countries," she said.

The BOI chairman briefed the delegation on the economic development in Pakistan during the last 3-4 years and positive macro-economic indicators due to the policies being pursued by the government.

Waseem Haqqie said Pakistan had a huge resource base of oil and gas and the presence of 600 foreign companies in Pakistan proved that it was a nice place for investment.

He thanked the Government of Uganda for providing free-of- cost space for display of Pakistani products in Uganda. The delegation visited Lahore, Gujranwala and Gujrat and met with Pakistani businessmen.

Opinion

Editorial

Punishing evaders
02 May, 2024

Punishing evaders

THE FBR’s decision to block mobile phone connections of more than half a million individuals who did not file...
Engaging Riyadh
Updated 02 May, 2024

Engaging Riyadh

It must be stressed that to pull in maximum foreign investment, a climate of domestic political stability is crucial.
Freedom to question
02 May, 2024

Freedom to question

WITH frequently suspended freedoms, increasing violence and few to speak out for the oppressed, it is unlikely that...
Wheat protests
Updated 01 May, 2024

Wheat protests

The government should withdraw from the wheat trade gradually, replacing the existing market support mechanism with an effective new one over the next several years.
Polio drive
01 May, 2024

Polio drive

THE year’s fourth polio drive has kicked off across Pakistan, with the aim to immunise more than 24m children ...
Workers’ struggle
Updated 01 May, 2024

Workers’ struggle

Yet the struggle to secure a living wage — and decent working conditions — for the toiling masses must continue.