The opening of 10th Carrefour store in Gujranwala after the UAE-based Majid Al Futtaim injected an additional investment of one billion rupees augurs well for Pakistan. With the prospect of foreign direct investment, the development gives hope that more foreign investors will reach Pakistan to take benefit from the emerging economy of Pakistan. Basically, the opening of a new Carrefour store in Pakistan will offer two types of incentives. First, in the retail market, Carrefour offers a large variety of items under one roof easing shoppers’ life, who have to visit multiple stores and shopping centres for purchasing the required items. Secondly, it creates job opportunities for a large number of Pakistanis, who are hired by the chain store for different positions.
Now, it is the government’s responsibility to facilitate the investors through all possible measures. The successful operation of a retail market giant can give an impetus to the economic regeneration in the country. It could also set an example and can be presented as a success story to other investors to emulate for their own benefit. Not only retail market, Pakistan offers an ideal environment for investment in other fields. In fact, there is no shortage of sectors, where investment can yield quick results. There is a need to search for more such opportunities to exploit the real potential of the country. There is no dearth of opportunities for investors to make good use of their wealth by promoting their business in various sectors.
Industries like automobiles, cell phones, agriculture products, renowned eateries, electronics, tourism and many more are available and offer ideal atmosphere. Investment, investment and more foreign investment is what Pakistan needs the most to sail through the prevailing economic crunch amid an ever increasing trade deficit.
