ISLAMABAD
\nDubai-based global logistics and port terminal operator DP World working at Karachi port, is planning to set up an industrial park in Pakistan to attract global investors.
\nSheikh Sultan bin Sulayem, Chairman of the port terminal operator, said he was interested in setting up industrial parks in Pakistan, where there was no dearth of human resource.
\nSheikh Sultan arrived in Pakistan on Friday to assess the scale of a climate disaster that hit the South Asian country after the onset of monsoon rains in mid-June. The subsequent floods have killed more than 1,600 people, affected 33 million and inundated a third of Pakistan, including 4 million acres of standing crops.
\nThe chief of DP World, which already operates a container terminal at the Karachi port, said Pakistan had a huge investment potential and availability of human resource.
\n\u201cThe vision I have is to open industrial parks in Pakistan which will be equipped with modern infrastructure,\u201d he said.
\n\u201cHuman resource is no problem in Pakistan as the country has many highly educated engineers, who will work in these industrial parks,\u201d Arab News reported.
\nSheikh Sultan said many companies in the Far East were looking to move out due to increasing cost of production for which Pakistan was an \u201cideal place\u201d as the Pakistani economy had \u201cvery strong fundamentals.\u201d
\nThe DP World chairman said he planned to pour in multi-million dollar in aid to assist Pakistan in the wake of devastating floods.
\n\u201cPakistan is facing unbelievable disaster and the media is unable to show the scale of the disaster, so I have personally come to see with my own eyes. We want to show it to the world,\u201d he said.
\n\u201cThe news about natural disaster is a wake-up call for everybody and we are committed to reduce the carbon footprint in our area.\u201d
\nSheikh Sultan said his organization would provide food, medicines, tents and anything that was required for the flood-affected people in Pakistan.
\n\u201cThe UAE government and people are committed to help Pakistani people,\u201d he said, promising, \u201cthe issue of climate change will be raised at every forum.\u201d
\nPakistan and the UAE have close fraternal relations and bilateral cooperation in a range of fields. The UAE is also Pakistan\u2019s largest trading partner in the Middle East and home to more than 1.6 million Pakistani nationals.
\nOn August 28, the UAE\u2019s Ministry of Defense started operating an air bridge to transport humanitarian aid to Pakistan and has since sent more than 40 relief flights.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD Dubai-based global logistics and port terminal operator DP World working at Karachi port, is planning to set up an industrial park in Pakistan to attract global investors. Sheikh Sultan bin Sulayem, Chairman of the port terminal operator, said he was interested in setting up industrial parks in Pakistan, where there was no dearth of […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-285699","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"\n