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Denmark to invest in Pakistan's textile segment

Denmark sees great potential for investment in the textile and energy sectors of Pakistan. Since Pakistan has been given the Generalized System of Preferences status by the European Union, it offers an attractive prospect for sourcing companies especially in the textile sector. Pakistan’s economy is growing, with a budding middle class and a relatively conducive business environment.

Danish companies are globalized and are working with emerging markets. The current trade volume between both countries is approximately $425 million. Denmark has set up a commercial section in Islamabad, dedicated to explore avenues of investment for Danish companies.

A few Danish companies have been active in Pakistan for decades. Some are doing very well and there is significant room for improvement. Like Pakistan, Denmark has a long agricultural tradition. There are thousands of Danish companies involved in the agriculture, farming and dairy industries.

Denmark exports to Pakistan to the tune of 1.2 billion kroner a year while annual Pakistani exports to Denmark come to 677 million kroner.

 
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