Otsuka plans to invest millions of dollars in pharmaceutical company

Head of Otsuka Pharmaceutical Japan, Ichiro Otsuka has said that the company is planning to establish another pharmaceutical company in Pakistan. Talking to Business Recorder at Otsuka Pakistan Hub Industrial Estate on Thursday, he said that the purpose of visit is to see the investment environment and negotiate with counterpart on the issue of establishment of units.
Replying a question, he said that the company planning to invest million of dollars in pharmaceutical and other projects in Pakistan. Ichiro Otsuka said that a technical team of the company has already vested Pakistan and industrial units at Hub to ascertain possibility of investment.
Replying another question, he said that it is yet to be finales when they are going to invest and go a head with the projects. Pakistan offers quite attractive investment opportunities, he added. President Lasbela Chamber of Commerce and Industry (LCCI), Dr Mohammad Aslam said that Otsuka Pharmaceutical company has already investment around 700 million dollies in Pakistan in last 5 years. He said beside pharmaceutical sector Otsuka Japan group also looking for investment in soft drinks sector. He said on success of Otsuka Pakistan the investors have started looking for further investment avenues in Pakistan and hopefully finalise the new projects in near future.