TRADE AND INVESTMENT

OPPORTUNITIES IN PAKISTAN

01. Pakistan’s economic outlook and strengths 4

02. GSP+ and Pakistan

03. Pakistan Belgium bilateral trade & potential

6

8

04. Investment opportunities in Pakistan 10

05. Famous brands of Pakistan 12

06. Famous international brands in Pakistan 14

07. Pakistan’s major business associations 16

08. Pakistan travel and tourism 18

TABLE OF CONTENTS

PAkiSTAN’SECONOMIC OUTLOOK & STRENGTHS

207 Million+Population

5.8%GDP growth

$1,641Per Capita Income

USD 23.23 BillionExports

USD 2,767 MillionFDI

Agriculture & Livestock Mineral Resources

ItemsProduction

(Million Tons)World Ranking

Cotton 11 M bales 4th

Wheat 26 8th

Rice 7 11th

Milk 45 4th

Meat 4.1 9th

Items

Hydel Power

Wind Power

Crude Oil

Natural Gas

Coal

Energy Resources

ItemsReserves

(Million Tons)World Ranking

Salt 100+ 2nd

Copper 1,352 3rd

Coral 186,000 5th

Iron Ore 485+ 5th

Gold 22M ounce 5th

Potential

60,000 MW

3,40,000 MW

184 million barrel

26 trillion cubic feet

186,000 million tons

FACTNO. 1 34%

Pakistan’s biggestexport destination

of Pakistan’s total Exports are to EU countries

FACTNO.2 €6.69 Billion

GSP+ Exports

with an increase of 47%(2013 to 2017)

GSP+ AND PAKISTANEuropean Union’s GSP+ scheme is a unique scheme of very extensive trade concessions which aims to help a few developing countries selected on the basis of a criterion in adopting principles of sustainable development and good governance in their national policies through effective implementation of 27 UN conventions pertaining tohuman rights, labor rights, climate change, narcotics control and corruption.

FACTNO.3 €540 Million

The Balance of Trade

FACTNO.4 53%

Bilateral Trade between Pakistan & EU increased by

in 2013-2017.

present balance of trade in favor of Pakistan.

PAKISTAN-BELGIUMBiLATERAL TRAdE & POTENTiALGSP Plus status to Pakistan: Pakistan is a beneficiary of the GSP Plus Scheme of the EU, whereby 66% of exportable products can enter the Euro market at zero duty. Resultantly, bilateral trade between Pakistan and Belgium has increased by 38.1%

Exports: Pakistan’s main exports in terms of goods to Belgium include home textiles, cotton, knitted and non-knitted garments, rice, tobacco, articles of leather, footwear, sports goodsand surgical instruments.

There is considerable potential of exports to Belgium in sectors like rice, seafood, fruits & vegetables, plastics, footwear, sports goods, leather etc.

Potential Sectors of cooperation:

Pharmaceuticals

Imports: Major imports from Belgium include pharmaceuticals, machinery, mineral fuels, iron and steel, plastics, precision instruments, lead, electrical machinery and organic chemicals.

There is considerable potential of imports from Belgium in sectors like dairy produce, electrical machinery, plastics, mineral fuels, chemicals, rubber, paper and paperboard etc.

Fisheries Mineral Development

Science and Technology

Processing of fruitsand vegetables

Agriculture andDairy Products

INVESTMENT OPPORTUNITIESiN PAkiSTAN

Investment Policy 2013 ensures uniform treatment to local and foreign investments. Up to 100% foreign ownership allowed except in specific sectors including airline, banking, agriculture and media. Foreign Investor is allowed to hold 60% stake in agriculture projects. 100% repatriation of investment; profits and dividends are allowed.

Foreign Companies are allowed to use borrowing facilities both from local and foreign banks. Foreign companies are also allowed to establish their liaison offices / branches.

investment Protection

Foreign investment is fully protected by Acts of Parliament. Reciprocal protection & promotion of investment through Bilateral Investment Treaty signed between Pakistan and Belgo-Luxembourg Economic Union.

Special Economic Zones (SEZs) SEZ Act 2012 provides for the establishment of SEZ anywhere in the country with minimum 50 acres of land; 70% area is to be used for processing while remaining 30% as non-processing area (hospitals, residence, vocational training institutes, etc.)

incentives for SEZs

investment Policy

One time exemption from all custom duties and taxes on plant and machinery imported into Pakistan for the development, operation and maintenance of the SEZ. Exemption from all taxes on income accruable in relation to the development and operation of the SEZ for a period of five years, starting from the date of signing of the Development Agreement

One time exemption from all custom duties and taxes on imports of plant and machinery into the SEZ for installation therein. Exemption from all taxes on income for a period of ten years to units starting production by 30 June 2020 and five years for those doing so after 30th June 2020. Gas, electricity and other utilities will be provided at the zero-point of the Zones Captive power generation permissible to Developers of the Zones Facilitation Services. BOI to provide one-window facility within the Zones & Provision of Security

Fiscal Incentives For Developers:

Fiscal Incentives For Zone Enterprises:

Power GenerationHydel, Solar, Wind, Coal and Biogas

Oil and GasOffshore/Onshore exploration, refining, Pipelines, Storages

InfrastructureHighways, Rail links, Low cost housing

AgricultureLivestock, dairy, Fisheries, Forestry

AutomobileSmall Cars (below 800 cc), Hybrid vehicles, Motorcycles, Large fleet of trucks and prime movers

Textile and GarmentsTextile Units, Spinning, Weaving, Dying and Printing, Apparel Units

MineralsScientific exploration, cutting, polishing and value addition in minerals like Copper, Iron, Zinc, Lead, Marble, Gold. Precious gemstones like Ruby, Topaz, Emerald

PharmaceuticalsConsumer healthcare segment, generic medicines market and patented medicines

iNvESTMENT OPPORTuNiTiES

FAMOUS BRANDSOF PAkiSTANFood and Agro

Textile & Clothing

Other Brands

INTERNATIONAL BRANDSiN PAkiSTAN

MAjOR BuSiNESSORGANISATIONS AND ASSOCIATIONS OF PAKISTAN

Trade Development Authority of Pakistan (TDAP) tdap@tdap.gov.pk | www.tdap.gov.pk

Board Of Investment secretary@pakboi.gov.pk | www.pakboi.gov.pk

Federation of Pakistan Chamber of Commerce & Industry (FPCCI) info@fpcci.org.pk | www.fpcci.org.pk

Small and Medium Enterprises DevelopmentAuthority - SMEDAhelpdesk@smeda.org.pk | www.smeda.org.pk

All Pakistan Textile Processing Mills Association (APTPMA) aptpma@aptpma.com.pk | www.aptpma.com.pk

Pakistan Sports Goods Manufacturers & Exporters Association (PSGMEA) psga@brain.net.pk | www.psgmea.org.pk

The Pakistan Business Council T: +92 213 5630528-29 | www.pbc.org.pk

Rice Exporters Association of Pakistan reap@cyber.net.pk | www.reap.com.pk

Pakistan Leather Garments Manufacturers & Exporter Association (PLGMEA) plgmea@plgmea.pk | www.plgmea.pk

Pakistan Belgium Business Forum (PBBF) pbbf1@cyber.net.pk | www.pbbf.org

All Pakistan Fruit & Vegetable Exporters, Importers& Merchants Association (PFVA) info@pfva.net | www.pfva.net

Towel Manufacturers Association of Pakistan (TMA) tma@towelassociation.com | towelassociation.com

Surgical Instruments Manufacturers Association of Pakistan (SIMAP) info@simap.org.pk | www.simap.org.pk

Pakistan Bedwear Exporters Association (PBEA) pbedwear@gmail.com | www.pbea.com.pk

PAkiSTANTRAVEL AND TOURISM

Pakistan is endowed with a rich and varied flora and fauna.High Himalayas, Karakoram and the Hindu Kush ranges with their alpine meadows and the permanent snow line, coniferous forests down the sub-continent scrub, the vast Indus plain merging into the great desert, the coast line and wetlands, all offer a remarkably rich variety of vegetation and associated wildlife.

Get in Touch

Commercial Section Embassy of Pakistan, Belgium

57 Avenue Delleur 1170, Brussels

T: +32 2663 2729F: +32 2675 8394

www.embassyofpakistan.becommercialsecretary@embassyofpakistan.be