American delegation visits Faisalabad to boost investment and automation in Pakistan
A US business delegation led by Gregory John visited the Faisalabad Chamber of Commerce on October 26 to discuss enhancing productive activities through investment.
Focus on agriculture and brick sectors
Gregory John stated that American businessmen plan to use investment, mechanization, and automation in the brick and agriculture industries. The head of the delegation also noted that pilot projects could be launched to achieve sustainable growth.
Potential for commercializing local inventions
The visitor highlighted the Ayub Agricultural Research Institute and suggested its 700 technologies could be commercialized. He added that the team would explore other sectors for profitable investment opportunities alongside these specific areas.
Local leaders welcome trade expansion
Arif Ehsan Malik, president of the FCCI, welcomed the group and noted that bilateral trade currently stands at USD11.5bn. He stressed the need to modernize the brick industry and add value to agricultural produce.
All 2 outlets report consistently
No differences in figures, names or dates across these reports.
- Associated Press of Pakistan
- Business Recorder
Reported by
2 independent outlets. Headlines as published. Links open the original report.