Pakistan is encouraging its people to cultivate marketable skills, especially in the IT sector, said President Arif Alvi while speaking to Cambodia’s World Bridge Group of Companies Board of Directors chairman Neak Okhna Rithy Sear. The potential for investment, commerce, and economic collaboration between Cambodia and Pakistan, he added, must be fully tapped. He said that the textile and apparel industries, which are the foundation of the economies of both nations, could be further expanded by forging connections between the many parties involved.

He emphasised Pakistan's investment prospects in the fields of healthcare, real estate, energy, agriculture, housing, construction, marble, granite, pre-fabricated homes, and tourism. According to him, Pakistan's extensive landscapes, several temperature zones, Buddhist ancient sites, mountains, beaches, rivers, large deserts, and the lush areas of Punjab and Sindh present enormous prospects for investment in the tourist sector. Both nations value small and medium-sized businesses, and their connections in the areas of technology transfer, talent development, and the exchange of goods and services will be advantageous to the SME sectors, he said. Cambodia has extensive expertise in building inexpensive, prefabricated homes that could be finished quickly. These prefabricated homes might be taken into account while building homes for the country's lower and middle classes as well as the flood victims.

According to the president, Pakistan is teaching its young people digital skills through online courses so they could support themselves. He said that working together with Cambodia in this area would benefit both nations. Mr Sear said they are looking for cooperation in the fields of textiles and imports of raw materials, logistics, property development, technology, food and beverages, media, hospitality, e-commerce, banking and security sectors. The delegation would conduct market surveys to assess the potential for trade, business and investment between the two countries.

Credit: Independent News Pakistan-WealthPk