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Japan focuses on Pakistan for technology transfer-Express Tribune

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By Our Correspondent
Published: August 27, 2016

1170635-japanmain-1472281291-740-640x480.jpg


LAHORE: Japanese investors are interested in enhancing their investment in Pakistan, which holds the potential and resources to enter the ranks of economic powers of Asia.

Nikon Japan Managing Director Naoki Onozato stated this while talking to Lahore Chamber of Commerce and Industry (LCCI) Vice President Nasir Saeed at the LCCI on Friday.

Japan, China companies win contracts for TAPI project

“Being a good friend, Japan is particularly focusing on Pakistan for technological advancement,” Onozato said.

In this connection, Nikon in collaboration with Camtronx Pakistan is arranging classes, seminars, photo walks, tours of renowned Pakistani photographers and educating talented students of colleges and universities about digital photo and videography.

He said Nikon, which produced optics and imaging products, had latest technologies that were being transferred to Pakistan through potential entrepreneurs.

“Nikon and Camtronx will equip the youth of Pakistan with modern technologies to bring them in line with the day-to-day changing international scenario.”

He pointed out that research aimed at identifying areas of economic cooperation between Pakistan and Japan could help double the existing trade volume. The chambers of commerce of both the countries could play an important role in that regard, he said.

Speaking on the occasion, LCCI Vice President Nasir Saeed noted that Japan was playing a laudable role in the economic development of Pakistan and was striving to deepen mutual understanding through economic exchanges.

He saw great scope of establishing joint ventures between business communities of the two countries.

Besides an important trading partner, Japan is a major donor to Pakistan. Bilateral trade has been averaging around $2 billion per annum and the balance of trade is heavily in favour of Japan with Pakistan’s share standing at just 10%.

Meeting Japanese envoy: Pakistan offers power projects for investment

Saeed suggested that frequent exchange of sector-specific delegations could encourage representatives of Japanese private sector to explore the opportunities of trade and investment in Pakistan.

“Pakistan is struggling to address the energy crisis. There is a huge scope in this area. We direly need technologies in renewable and alternative energy including solar and wind energy.”

Published in The Express Tribune, August 27th, 2016.

http://tribune.com.pk/story/1170635/japan-focuses-pakistan-technology-transfer/


@Viper0011. @LA se Karachi @Nilgiri @mr42O @Akheilos @Kaptaan @Azlan Haider @Fawad Masīd @waz @AsianUnion @Major Sam @Mentee @Joe Shearer @ito @Valkyrie @User @Hiptullha @Cornered Tiger @LeGenD @ISI. @MystryMan @New World @Meengla @ziaulislam @Rahil khan @HAKIKAT @RAMPAGE @Muhammad Omar @haviZsultan @dexter @Areesh @Zibago @Moonlight @The Sandman and all others....:-)
 
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How? because we have far far good relations with China than Japan? In what context you're saying this?

Thats part of it.

China also has much more recent real world experience in how to create a large pool of blue collar workers for manufacturing etc. That is of greater relevance to Pakistan compared to what Japan can offer (which is still very useful and Pakistan should definitely hedge on it and get what it can).

Specifically for example....Pakistan must learn and incorporate the strategy China had in its mass secondary education combined with vocational training. This is the key most pressing structural problem in Pakistan given 50% of its secondary school cohort are not even in school according to UNESCO. This is the most key valuable thing you can learn/acquire from a country like China, compared to even absolute best case scenario for CPEC.
 
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My Pak brother, the more stability and peace comes to your great country the more investors will come.

The unused/untapped potential of your country is just too great to ignore...your economy is bound to cross a Trillion dollar mark..if only your gov and establishment can put together right policies and consistently execute them. Of course it wont happen over night..but your socio-economic potential points towards this.

Nothing happens on its own...Pak gov and people have to work for it. As I have said many times before..there are so many things Pak brothers can learn from China...also from Chinese mistakes.

Your country is a pivotal state just as Turkey...that is both a blessing and a curse.

China wishes to see a strong and prosperous Pak as it is the Chinese strategic interests.

The opposing forces want a weak and troubled Pak. But you know your friends and enemies.

Finish the CPEC.

Design and deploy policies of stability and long term development. Smash the indian sponsored terror and subotage in your great country.

Investors go where there is money to be made!

Wish you all Peace, Prosperity and Progress. You deserve it.
 
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LAHORE: Japanese investors are interested in enhancing their investment in Pakistan, which holds the potential and resources to enter the ranks of economic powers of Asia.

@Viper0011. @LA se Karachi @Nilgiri @mr42O @Akheilos @Kaptaan @Azlan Haider @Fawad Masīd @waz @AsianUnion @Major Sam @Mentee @Joe Shearer @ito @Valkyrie @User @Hiptullha @Cornered Tiger @LeGenD @ISI. @MystryMan @New World @Meengla @ziaulislam @Rahil khan @HAKIKAT @RAMPAGE @Muhammad Omar @haviZsultan @dexter @Areesh @Zibago @Moonlight @The Sandman and all others....:-)

Guys, you are looking at the top 11th economy in the entire globe in making!! While the remainder of the economies have slow downs (including the US, Chinese, European and Indian), Pakistani market (along with a couple of others) has been returning 30-52% profit per year.

Of-course the Japanese want a piece of it. The entire world wants a piece of it as you can't find another country with so much upside potential. This isn't a "favor" to Pakistan, this is the need of their businesses to further grow and thus, help Japan, US and other economies through Pakistan.

Let the electric issue get resolved by early 2018 and political stability and no terrorism remain in place. Pakistan will become the epicenter of the largest economic activity in the current times, starting 2018. History will be the witness. The US investors are baffled by a "failed, terrorist state" three years ago, to become one of the "highest profile, and profit returning market" in just three years. That credit goes to the Pakistani government.

Who would've thought just three years ago that Japan would invest into Pakistan on equal basis? Or Audi and Volvo would like to setup manufacturing plants in Pakistan, or Russia would be discussing selling their state of the art fighter jets and offering investments to overhaul the Pakistani Steel Mills, and other mineral related business, or even Nasdaq would celebrate a "Pakistani Day"!! :enjoy: These things speak volume to what's coming, i.e. one of the largest economic opportunities of its time starting from three years ago and taking off in 2018!
 
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By Our Correspondent
Published: August 27, 2016

1170635-japanmain-1472281291-740-640x480.jpg


LAHORE: Japanese investors are interested in enhancing their investment in Pakistan, which holds the potential and resources to enter the ranks of economic powers of Asia.

Nikon Japan Managing Director Naoki Onozato stated this while talking to Lahore Chamber of Commerce and Industry (LCCI) Vice President Nasir Saeed at the LCCI on Friday.

Japan, China companies win contracts for TAPI project

“Being a good friend, Japan is particularly focusing on Pakistan for technological advancement,” Onozato said.

In this connection, Nikon in collaboration with Camtronx Pakistan is arranging classes, seminars, photo walks, tours of renowned Pakistani photographers and educating talented students of colleges and universities about digital photo and videography.

He said Nikon, which produced optics and imaging products, had latest technologies that were being transferred to Pakistan through potential entrepreneurs.

“Nikon and Camtronx will equip the youth of Pakistan with modern technologies to bring them in line with the day-to-day changing international scenario.”

He pointed out that research aimed at identifying areas of economic cooperation between Pakistan and Japan could help double the existing trade volume. The chambers of commerce of both the countries could play an important role in that regard, he said.

Speaking on the occasion, LCCI Vice President Nasir Saeed noted that Japan was playing a laudable role in the economic development of Pakistan and was striving to deepen mutual understanding through economic exchanges.

He saw great scope of establishing joint ventures between business communities of the two countries.

Besides an important trading partner, Japan is a major donor to Pakistan. Bilateral trade has been averaging around $2 billion per annum and the balance of trade is heavily in favour of Japan with Pakistan’s share standing at just 10%.

Meeting Japanese envoy: Pakistan offers power projects for investment

Saeed suggested that frequent exchange of sector-specific delegations could encourage representatives of Japanese private sector to explore the opportunities of trade and investment in Pakistan.

“Pakistan is struggling to address the energy crisis. There is a huge scope in this area. We direly need technologies in renewable and alternative energy including solar and wind energy.”

Published in The Express Tribune, August 27th, 2016.

http://tribune.com.pk/story/1170635/japan-focuses-pakistan-technology-transfer/


@Viper0011. @LA se Karachi @Nilgiri @mr42O @Akheilos @Kaptaan @Azlan Haider @Fawad Masīd @waz @AsianUnion @Major Sam @Mentee @Joe Shearer @ito @Valkyrie @User @Hiptullha @Cornered Tiger @LeGenD @ISI. @MystryMan @New World @Meengla @ziaulislam @Rahil khan @HAKIKAT @RAMPAGE @Muhammad Omar @haviZsultan @dexter @Areesh @Zibago @Moonlight @The Sandman and all others....:-)
A very welcome development.nice share.
 
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Yeah like they transfered technological marvel called Mehran dabba.
It depends upon consumer budgets which leads to company introducing certain low class products .whereas in EU nations suzuki introduced different model
 
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Good news, Japan has been a friend to Pakistan for a long time. It would be good to see more of their presence in Pakistan, via investment.
there is no friend bro only interest correct me if i wrong

btw nice development... :-) more investment mean more stability
 
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Guys, you are looking at the top 11th economy in the entire globe in making!! While the remainder of the economies have slow downs (including the US, Chinese, European and Indian), Pakistani market (along with a couple of others) has been returning 30-52% profit per year.

Of-course the Japanese want a piece of it. The entire world wants a piece of it as you can't find another country with so much upside potential. This isn't a "favor" to Pakistan, this is the need of their businesses to further grow and thus, help Japan, US and other economies through Pakistan.

Let the electric issue get resolved by early 2018 and political stability and no terrorism remain in place. Pakistan will become the epicenter of the largest economic activity in the current times, starting 2018. History will be the witness. The US investors are baffled by a "failed, terrorist state" three years ago, to become one of the "highest profile, and profit returning market" in just three years. That credit goes to the Pakistani government.

Who would've thought just three years ago that Japan would invest into Pakistan on equal basis? Or Audi and Volvo would like to setup manufacturing plants in Pakistan, or Russia would be discussing selling their state of the art fighter jets and offering investments to overhaul the Pakistani Steel Mills, and other mineral related business, or even Nasdaq would celebrate a "Pakistani Day"!! :enjoy: These things speak volume to what's coming, i.e. one of the largest economic opportunities of its time starting from three years ago and taking off in 2018!

Indian economy is not slowing
 
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