Expo Pakistan 2008 : $50m worth of business generated: Daily Times

By Tanveer Ahmed

KARACHI: Expo Pakistan 2008 has generated $50 million worth of business in the form of the export orders signed between local companies and foreign buyers.

“It will likely touch $100 million mark in the coming days when the business deals signed during the event will materialise,” Syed Mohibuallah Shah, Chief Executive Trade Development Authority of Pakistan (TDAP) told a news conference on Thursday at the concluding day of Expo Pakistan, which began on October 27, 2008.

“Only one business deal between a Korean company and local ethanol firm amounted to $10 million,” he informed Describing the mega trade and export promotion event of the country as successful venture by attracting more foreign buyers compared to previous exhibitions Shah said that successful holding of the event will help improve the image of the country. The participation of foreign buyers and local companies was so overwhelming that the available space in the Expo Centre became insufficient to cater such a large number of participants.

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