A 25-member Austrian delegation would visit Karachi, Lahore and Islamabad in the first week of October, said UAE-based Austrian Commercial Counsellor Dr Nikolaus Seiwald in a meeting with LCCI Vice-President Shahzad Ali Malik here on Wednesday.
Both sides expressed their concern over existing meagre trade volume between the two countries.
They, however, noted with satisfaction that the bilateral trade between the countries was on the rise.
The Austrian diplomat said that Pakistan was fast emerging new market in the region, and several Austrian companies are showing keen interest in making investment in Pakistan particularly, in the fields of information technology (IT), mechanical engineering and electronics.
The Austrian companies would also hold a catalogue exhibitions in Pakistan later this year, he added.
Shahzad Ali Malik assured all-out help to make the Austrian mission a success. He invited the Austrian companies to take benefit from the trade opportunities in fields like oil & gas exploration, construction and textile sectors.
Eulogising the strategic location of the two countries, he said Austria can serve as one of the gateways for Pakistani business entrepreneurs to enter the Eastern flank of the European Union, adding there are bright prospects for Pakistani products in Austria.
These include handicrafts, readymade garments & hosiery, textiles, fresh fruits & vegetables, dry fruits, garments, leather & leather made-ups, sports goods, surgical instruments, carpets & rugs, handicrafts etc.
He said Austria can also provide chemical plants, power generation units, low energy consumption cement plants, etc.