Japanese envoy called on chairman BoI

Japanese envoy called on chairman BoI
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Summary Mr. Hiroshi Oe Ambassador of Japan called on Mr. Saleem H. Mandviwalla, Chairman Board of Investment

Chairman, BOI informed the ambassador that Yamaha is investing $150 million in the automobile sector in Pakistan. A special incentive plan is devised to promote the advanced motorbike industry. These motorbikes would be fuel efficient and economical for more than 200 million users. He told that the land has already been allocated to in Karachi. Mr. Hiroshi Oe showed his deep concern about the security issues of the investors in Pakistan. He said that bilateral relations between Pakistan and Japan are based on commonality of interests and aspiration for peace and development especially for the region, which Japan also regards as pivotal for peace and stability in Asia
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