Sharjah-Pakistan Business Roundtable Strengthens Economic Ties And Green-Tech Investment Opportunities

The Sharjah FDI Office, known as Invest in Sharjah, recently organised the Sharjah-Pakistan Business Roundtable. This event, in partnership with the Pakistan Business Council in Sharjah (PBC Sharjah), attracted over 200 investors and entrepreneurs. The focus was on exploring investment opportunities in sectors like manufacturing, trade, green-tech, and creative industries. It aimed to inform Pakistani businesses about the support services available within the emirate.

With bilateral trade between the UAE and Pakistan surpassing AED25.7 billion, the UAE stands as Pakistan's third-largest trading partner. The roundtable sought to further strengthen these significant economic ties. Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations (DGR) in Sharjah, attended alongside notable figures such as Hussain Muhammad, Consul General of Pakistan in Dubai.

Sheikh Fahim Al Qasimi highlighted the strong connection between Sharjah and Pakistan during his address. "In Sharjah, we take great pride in creating an environment where meaningful partnerships can thrive. The establishment of the Pakistan Business Council earlier this year is a testament to this commitment," he stated. He emphasised that 1.8 million Pakistani residents contribute significantly to UAE society.

Mohamed Juma Al Musharrkh, CEO of Invest in Sharjah, echoed these sentiments by affirming the deep trust and mutual commitment between Sharjah and Pakistan. "The relationship between Sharjah and Pakistan is deeply rooted in mutual respect, trust, and, above all, a commitment to prosperity," he said. He noted that strong economic bridges have been built over time.

The roundtable featured a panel discussion with leaders from both regions. Saif Al Suwaidi from SPC Free Zone focused on creative industries like publishing. "More than 1500 Pakistani companies are registered through SPC Free Zone," he mentioned. This network supports collaboration between nations and helps businesses thrive.

Marwan Alichla from Invest in Sharjah discussed their role in facilitating investments within the emirate. "We research and connect various stakeholders and support investors in making the best decisions," he explained. He highlighted advancements across sectors such as green tech and healthcare.

Opportunities for Pakistani Investors

Amir Hassan of Diyar Group shared insights into opportunities for Pakistani investors in Sharjah. "Pakistani entrepreneurs have received tremendous support from the welcoming ecosystem here," he said. He pointed out that streamlined processes make it an ideal hub for expansion across the Middle East.

Hiba Al Marzouqi from SCCI emphasised their role in connecting business councils to facilitate investments. "It’s not always easy for investors to find the right opportunities that align with their expertise," she noted. She highlighted efforts to create a strong network benefiting all involved parties.

The event underscored the importance of business councils like PBC Sharjah in fostering partnerships between nations. This initiative reflects Sharjah’s dedication to enhancing international economic ties by providing a conducive business environment for bilateral collaboration.

With inputs from WAM