KARACHI - British companies are willing to do business in Pakistan and want to undertake joint ventures with their Pakistani counterparts despite various challenges.

This was stated by John Anthony Tucknott, British Deputy High Commissioner, while speaking at a meeting during his visit to Karachi Chamber of Commerce and Industry.  While underscoring the need to effectively deal with security threats, he assured full cooperation and support of the British government to restore peace.

He informed that a UK based company will be undertaking a project relating to setting up a desalination plant in the next few months which will be capable of providing 100 million gallons of potable water per day.

He said that another project for power generation through solid waste will also be initiated in Karachi which will not only help in fulfilling the energy requirements but will also lead to useful disposal of a large quantity of garbage. These projects will provide employment to 4,000 workers during the construction phase. Tucknott said “In order to achieve the challenging target £3 billion, we must make sure that bilateral trade between the two countries grows by 33 percent every year”, he added. Referring to UK Prime Minster David Cameron’s visit to Pakistan and Prime Minister Nawaz Sharif’s visits to the United Kingdom, he said that these visits have certainly paved way for further strengthening trade relations between the two countries Former president KCCI Siraj Kassam Teli, President KCCI Abdullah Zaki, Senior Vice President KCCI Muffasar A Malik, Vice President KCCI Muhammad Idrees, Chairman Diplomatic Affairs Sub-Committee KCCI Abdul Jabbar Dalal, Former Presidents KCCI A. Q. Khalil and Majyd Aziz were also present on the occasion.