ISLAMABAD: Aginomoto a world renowned brand of Japan would establish a manufacturing plant in Pakistan.
This was disclosed during a meeting with Mohammad Zubair, Chairman, Board of Investment (BOI) and a Japanese delegation from Aginomoto which met the Chairman BOI, in Karachi.
The Chairman, BOI briefed the delegation about conducive environment, favourable investment policies and investment potential of Pakistan.
The delegates were briefed about Pakistan ranking in ease of doing business in South Asia and various initiatives of the present government for economic revival of Pakistan.
Representatives of Aginomoto were welcomed for their investment in the country.
Aginomoto representatives informed that they believe that Pakistan is a potential market and intend to establish a manufacturing plant in Pakistan.
In initial phase they will open a liaison office in Pakistan and thereafter they would establish Aginomoto manufacturing facility in Pakistan.
The representatives also informed that their top management is also scheduled to visit Pakistan shortly and would meet the top government functionaries.
Managing Director, M/s Aginomoto will also meet Chairman, BOI during their visit. The Chairman, BOI assured for full support from BOI and the present government as and when needed.