Ban on imports bearing fruits, Chinese Investors making tile factories in Pakistan

[Zulfiqar]

Ahan A finance guy, first thing the local entrepreneurs was with select people from Gujranwala Chamber yesterday, met few industrialists in faisalabad today my take is some of them have realized the importance of education thus their newer generation has much better skills of evaluation, vision and understanding. I don't want to name companies here as this is an open forum, capital for these people is absolutely no issue. Yesterday one guy I met in Gujranwala who invited me to his office, the office was as shitty as it get small, in an old building broken furniture and even sill I am reeling from the shock that he wanted my advise on Rs.23 Billion rupees which he has recently declared in amnesty scheme.

Second problem is once these young ones come with new knowledge and techniques how much freedom they get is another factor, I know one industrialist in Faisalabad (a friend you can say) his son is doing BBA from LUMS which is walking distance from my office, knowing what I do, he made sure that during holiday instead of wasting his time elsewhere he was sort of forced to do an internship with my team. Now we have trained him once he goes back and his dad allows him to he will be one hell of a businessman.

I have been lobbying with my friends/class fellows working in SECP to make regulations for venture capitalism/Private Equity in Pakistan, that's is one of the best ways for raising capital for SME and Medium size commercial ventures. Presented the case many times to various ministries for god's sake invite us the professionals give us your sick units, give us liberty and ten to 15 years let us turn them around and return to you, you know what happens.

But I am absolutely confident that we as a country and as a nation will come out of this bad situation and will be among G20 atleast in the next few decades.

Regulations are needed so that we can have more Venture capitalism in the country. That is one of the only ways to boost innovation quickly.

 

[YeBeWarned]

we need more industries like that , Great news and progressions ..

 

[Pakistansdefender]

Chinese appoint chinese nationals at top positions in their companies in Pakistan and most of Pakistanis do lower level jobs so we must promote our own investors and overseas Pakistanis for developing new industries

Typical Pakistani mentality .
Her cheez main nich zaror marni hai.
If locals are not coming and investing and keeping their money either in England or under their beds, then why stop these investors. You seriously lack modern technology and skills .
And yes if they train and guide you it's well and good . I hope they infuse their Chinese speed in us not that we infuse our Pakistani susti in them..
The thing remain maybe at the top there is a Chinese but the 90 percent employees always are Pakistanis.