The Sindh Investment Department (SID) and the Swiss Business Council (SBC) signed a memorandum of understanding (MoU) on Tuesday to enhance trade and investment between Pakistan and Switzerland.
The MoU was signed by SBC President Jason Avanceña and Sindh Enterprise Development Fund (SEDF) CEO Khizar Pervaiz.
The SID has been actively facilitating investments, and this new partnership with the SBC aims to establish vital connections for exploring trade and investment opportunities between the two countries. The collaboration also seeks to foster cooperation in various sectors.
George Steiner, Ambassador of Switzerland to Pakistan, highlighted the importance of a collaborative approach in creating a conducive business environment. He noted, “The significant presence of the Swiss business community in Sindh attests to the region’s substantial business potential.”
SID Secretary Raja Khurram Shehzad Umar expressed his satisfaction with the collaboration, stating, “We are pleased to see this partnership strengthen further. SID will facilitate any incoming investment in the Sindh region and oversee trade matters between Sindh, Pakistan, and Switzerland, along with other ancillary functions.”
SBC President Jason Avanceña emphasized the role of collaboration in attracting Swiss investment to Sindh, saying, “This platform will help promote potential business and investment opportunities in the province. The vibrant presence of Swiss companies is a testament to Sindh’s business potential.”
