Japan seeks resumption of work on KFH
By Staff ReporterFriday – May 22, 2020
According to an official statement, both sides emphasised to expedite the process so that work could start once the things get normal after COVID-19 (coronavirus).
The projects include modification of auction hall, establishment of business park and cold storage-freezing tunnel at KFH.
The projects will help in complying with standards set by the world trade organisation (WTO), European union (EU) and seafood importing countries.
MA minister Zaidi, citing the exemplary revival of post world war II Japanese economy, reiterated the significance of “looking-inward” strategy whereby the development of human capital is given prime importance.
“In Pakistan, we have the skill set which just needs some polishing. Cost of production is low due to competitive labour and our exchange rate is favourable for the export sector. All we need is to create an environment. Our people and our nation will excel like none other,” the minister remarked.
MA minister Zaidi proposed a dedicated technology oriented industrial zone for Japanese companies at port Qasim.
In addition to the above, the two also explored an idea of establishing an institute for fishermen where the next generation of workforce related to deep sea fishing will be trained.
Japanese ambassador Matsuda also mentioned a memorandum of cooperation (MoC) signed between Japan and Pakistan last year whereby Pakistanis could utilise the opportunity to get employment in the fisheries and maritime sector.
MA minister Zaidi vouched for employment of Pakistani seafarers by Japanese shipping lines.