LAHORE: A high level of delegation of Faisalabad Industrial Estate Development
and Management Company (FIEDMC) will leave for Hong Kong soon to promote bilateral trade
and enhance close cooperation through exchange of delegation in investment sector.
Pakistan’s nominated Consul General Bilal Ahmed Butt paid a courtesy call on Chairman
FIEDMC Mian Kashif Ashfaq here today and discussed at length possible aspects of enhancing
mutual trade besides exploring potential of investment opportunities.
Bilal Ahmed Butt said that Pakistan has not only huge untapped potential of exports but at the
same time it’s growing market with population of around 200 million, offered excellent
opportunities for bilateral trade. He said Hong Kong having population of 7.5 million and
consisted of 1052 square kilometer is the most important financial hub in the region as it has more
than US$ 100 billion trade with the world. He said on the other hand, Pakistan’s trade with
Hong Kong is only US$ 850 million which is so small as compared to other countries in the
region. He also informed Mian Kashif about the opportunities and challenges and assured his
support to Pakistan business. He stressed that the cooperation between the two countries in
different especially in Gems and Jewelry, medical, handicraft, leather and fresh fruit sectors must
be enhanced
