UK Trade and Investment department has opened a Lahore office of British Business Centre to provide a base for visiting UK companies for fresh investment in Punjab province of Pakistan.
The Centre will work with UK Trade and Investment to help UK and Pakistani companies develop and build business links and opportunities, to help increase trade between the two countries.
The first British Business Centre was established in Karachi at its new home at the British Deputy High Commission.
The Lahore office was inaugurated at the Netsol Technologies Limited head office. It was inaugurated by the Deputy High Commissioner and UK Trade Champion John A. Tucknott. The office will be functional from July 15.
The opening of the British Business Centre will significantly increase the support available to UK and Pakistani companies. In addition to providing a base for visiting UK companies, the Centre will offer UK and Pakistani member companies’ access to a growing number of services including market research, business opportunity promotion, event management, networking opportunities and bespoke professional and sector specific services.
British Deputy High Commissioner and UK Trade Champion, John A. Tucknott MBE speaking at the inauguration ceremony said that the United Kingdom and Pakistan already enjoy a strong relationship. “The British Business Centre will help deepen that relationship in the key area of prosperity. Its goal is to contribute to an increase in bilateral trade and investment, in line with the commitments given by Prime Ministers David Cameron and Nawaz Sharif when they met in London in April 2014.This is a great opportunity for UK companies to use this base to expand their business operations in Pakistan and vice versa.”
Malahat Awan, Chief Executive of the British Business Centre said that the British Business Centre will give UK and Pakistani companies a cost-effective, in-country physical resource to facilitate faster access to the information and expertise necessary to achieve business success in Pakistan and the UK. The Centre’s team looks forward to working with UK and Pakistani companies seeking new opportunities to grow their businesses.
Salim Ghauri, Chairman and CEO NetSol Technologies believes that opening up of the Centre in Lahore after Karachi will boost trading activities between the UK and Pakistan. The British Business Centre Lahore will be a catalyst to promote a faster access to the information and expertise necessary to achieve business success in Pakistan and the UK. NetSol Technologies will facilitate those approaching the Centre to explore business activities in UK.
Waqar Ullah will be the senior international trade advisor for the region.