Philippine investors keen to invest in various sectors

KARACHI: Sindh Governor Muhammad Zubair said Pakistan had to suffer a big loss of life and in kind for its font-line role in the war against terror.

However, he said, through the operation "Zarb-e-Azb" the peace and security had been restored in the country.

The Governor was talking to 16-member delegation of Pak-Philippine Business Forum led by the Ambassador of Philippine in Islamabad, Daniel Ramos Espiritu, here at the Governor House, said an official statement on Monday.

He said Pakistan had right of access to the world market Both the sides discussed the bilateral ties, economic cooperation and exchange of delegations.

He said the bilateral relations between the two countries were strengthening day by day and appreciated the efforts of the Philippine Ambassador on this account.

After the increased demand for Pakistani medicine in Philippine, an agreement had been signed for the export of rice there. More trade agreements were likely to be signed between the countries. All this would further build the bilateral ties, he said.

The Governor invited the Philippine investors to invest in Karachi, which had once again become an attractive place for the investors.

The delegates informed the Governor that Philippine investors were keen to invest in various sectors in Pakistan.