The 13th Build Asia
Exhibition, concluded successfully in Karachi, as it facilitated the signing of
agreements worth 250 million US Dollars between numerous local and foreign
companies participating in this mega event. The 3-day event being held at
the Karachi Expo Center from 18th till 20th December,
is the largest exhibition of construction, real-estate and housing industry,
held annually by Ecommerce Gateway Pakistan, with the support of;
‘Constructors Association of Pakistan’ (CAP) and ‘All Karachi Marble Industries
Association’ (AKMIA), as it focuses on the immense potential of this
robust sector.
On the third day of the event, a large
number of visitors and stakeholders of this industry participated
enthusiastically. The event also featured a wide array of highly informative
conferences, to provide a networking platform for engineers, contractors,
builders, consultants, government officials, bankers, policy makers,
stakeholders, other practitioners & professionals of this industry. Build
Asia has also incorporated insightful forums like; ‘CPEC Construction
Conference’, ‘Property Asia’, ‘StoneFair Asia’ & ‘Furniture Asia’.
Dr. Khurshid Nizam - President Ecommerce
Gateway stated, “Over the past 13 years, this mega-event has successfully
hosted over 50,000 visitors this year and provided a platform for a large
number of foreign investors from 17 countries, to interact with local
entrepreneurs for future business collaborations in Pakistan. This event
has not only received a remarkable response this year, in fact, the local and
foreign exhibitors have also pre-booked 72% of stall spaces for the next year’s
Exhibition”.
More than 350 local enterprises and 550
foreign companies had setup more than 600 stalls to display their latest
technological advancements, featuring their equipments, materials, services and
techniques in the related fields. Build Asia offered the International and
Pakistani business community a strategic launch-pad to access the vibrant
Pakistani, Afghan, Chinese, Middle-Eastern markets and Central Asian Republics.
The exhibition took advantage of
government’s liberal investment policies to attract maximum foreign investment
in Pakistan, where foreign investors can hold up to 100% equity in several
economic sectors. As a result of this annual series of exhibitions, the Foreign
Direct Investment (FDI) in the Country has increased substantially. Thus,
Pakistan has gained the stature of an attractive destination for investors from
developed countries. This event helps in Value-Addition,
productivity-enhancement and cost-reduction in the industry. For further
information please visit; www.buildasia.net.
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