Belgian multinational to invest €10 million in Pakistan

A view of Ontex office in Karachi, Pakistan. (Photo courtesy: social media)
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Updated 19 January 2020
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Belgian multinational to invest €10 million in Pakistan

  • Ontex will spend the money on new production lines, warehouses, marketing and human capital
  • The company’s management says it wants to use Pakistan as export hub in the region

KARACHI: Ontex, a Belgian multinational manufacturer of baby, feminine and adult hygiene care products, is all set to double its investment to €20 million in Pakistan in the next two to three years, company officials said on Friday.

“We have invested €10 million in Pakistan since we started operating back in 2011. In the coming few years, another investment of €10 million will be made in Pakistan. We will add new production lines, invest in warehouses, marketing and human capital,” Pavel Verblyudenko, Vice President of Ontex for Middle East, Asia and Africa (MEAA), told Arab News.

Ontex is an international producer of hygiene products with 18 production facilities around the world, including Western and Eastern Europe, the Middle East, Africa, Pakistan, Australia and the Americas. It also sells its products in more than 110 countries.

In Pakistan, the company claims that Canbebe is its leading brand which is manufactured in its facility located in Karachi’s Port Qasim Industrial Area.




Pavel Verblyudenko, Vice President of Ontex for Middle East, Asia and Africa said on January 17, 2020, that his company wanted to make Pakistan its export hub for south Asia and the Middle East. (AN Photo)

Verblyudenko says his company is planning to make Pakistan its export springboard by marketing manufactured products to neighboring countries and the Middle East, where it still lacks production facilities. “We are very serious about Pakistan. We want to double our production capacity in the next few years and enhance product range,” he added.

“We will export from Pakistan. At the moment, we are trying to identify potential markets for our products. We are looking at Sri Lanka and Bangladesh, and we are very serious about making Pakistan our export hub in South Asia and the Middle East,” Verblyudenko informed.

According to official data, the world is beginning to view Pakistan as a potential investment destination where Foreign Direct Investment (FDI) surged by 68 percent to $1.34 billion in the last six months (July-December 2019). The inflow of FDI from Belgium was recorded at $2.1 million during this period, according to the State Bank of Pakistan that released relevant data on Friday.

With an annual population growth rate of 2.10 percent, Pakistan is a huge market for consumer products. The country welcome around 6 million newborns every year, according to the Economic Survey of Pakistan and UNICEF.

“About 6 million babies are born in Pakistan every year,” Ameen Jan, country head and general manager of Ontex, told Arab News. “While not all of them use baby diapers, a large chunk of them do.”

“So we can make an estimate: If the baby uses diapers for three years, the market size will be about seven to eight million. It’s a rapidly growing market for baby diapers,” Jan continued, adding: “The market for feminine hygiene products is also growing. More and more consumers are seeking the convenience of sanitary napkins, making it a fast growing and fast moving market.”

Although the exact figures are not available, it is estimated that more than a billion units of diapers are consumed in Pakistan and the market is growing at the rate of seven to eight percent, making the country highly attractive from investment point of view.


Thousands rally in Peshawar to protest alleged killings at last month’s pro-Imran Khan protests

Updated 14 sec ago
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Thousands rally in Peshawar to protest alleged killings at last month’s pro-Imran Khan protests

  • The party remains short of announcing the start of a civil disobedience movement as was anticipated by many
  • A Khan aide says they are awaiting outcome of talks with authorities and will follow whatever the ex-PM says

PESHAWAR: Jailed former prime minister Imran Khan’s party on Sunday held a rally in Pakistan’s northwest to protest alleged killing of a dozen of its supporters during last month’s protest in Islamabad, but made no announcement regarding a civil disobedience movement Khan had hinted at this month.
Khan’s Pakistan Tehreek-e-Insaf (PTI) party on Nov. 24 led thousands of supporters to Islamabad, seeking to pressure the government to release the ex-premier from jail and order an audit of Feb. 8 national election results. The protests resulted in clashes that Pakistan’s government says killed four law enforcers and injured hundreds of others.
The PTI says at least 12 of its supporters were killed and another 37 sustained gunshot injuries due to firing by law enforcers near Islamabad’s Jinnah Avenue on Nov. 26, while 139 of its supporters were still “missing.” Pakistani authorities have denied the deaths, saying security personnel had not been carrying live ammunition during the protest.
On Sunday, the party held a ‘martyrs’ day’ gathering in the northwestern Pakistani city of Peshawar, at which the attendees offered prayers for the ones who allegedly died during the Islamabad protest.
“The reason [to hold the gathering] was to offer prayers for those who were killed on [Islamabad’s] D-Chowk on November 26,” Khyber Pakhtunkhwa Excise and Taxation Minister Khaliq-ur-Rehman told Arab News.
“We had a peaceful protest.”
Last week, the PTI filed a petition in an Islamabad court against Prime Minister Shehbaz Sharif, Interior Minister Mohsin Naqvi and other officials over “firing” on its supporters during the Islamabad protest. The government has accused the PTI of waging a “propaganda” regarding the Islamabad protest, following statements by several PTI members that gave varied accounts of casualties.
The PTI has staged several protests this year to demand the release of Khan and to challenge results of the Feb. 8 national election, which it says were manipulated to favor its opponents. The Pakistani government and election authorities deny this.
Last month’s protests were by far the largest to grip the capital since the poll, while Khan, who remains a popular figure in Pakistan despite being in prison and facing several court cases, on Dec. 6 threatened to launch a civil disobedience movement.
Asked about the movement, Ali Muhammad Khan, a PTI lawmaker, said Khan had formed a committee to hold talks with authorities on their demands for the release all political prisoners and for setting up judicial commissions to investigate the Nov. 24 protest and violence on May 9, 2023, which killed eight people.
“If anything comes out of the negotiations, well and good, otherwise, Khan will announce the next move,” Ali said. “Whatever Khan orders, we will follow.”
Shandana Gulzar, another PTI lawmaker, said they were awaiting detailed instructions from the party founder about the movement.
“Whatever order Khan gives from the prison... we are ready,” she added.


Islamabad traffic police investigate alleged issuance of driving license to blind person

Updated 15 December 2024
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Islamabad traffic police investigate alleged issuance of driving license to blind person

  • In a sting operation, local news channel showed the blind person got the license in return for a bribe of Rs30,000 ($107)
  • Traffic police say an investigation, set to conclude in the next few days, will lead to strict action against those involved

ISLAMABAD: The Islamabad traffic police have been investigating alleged issuance of a driving license to a blind person, a traffic police spokesperson said on Sunday, days after a local news channel made the exposé during a sting operation.
The exposé, led by Iqrarul Hassan who hosts ‘Sar-e-Aam’ show on ARY News channel, this week revealed that driving licenses were being issued in Islamabad without proper theoretical and driving tests, or medical examination in exchange for bribes, which raised serious concerns about public safety on the capital city roads.
For the show, Sar-e-Aam team had contacted through an agent an Islamabad traffic police official, who promised to issue a driving license without any theoretical, medical, or driving test. They successfully obtained the license by paying Rs30,000 ($107) and having someone else undergo the medical test on behalf of the blind applicant.
“The incident is currently under investigation, which will be concluded in the next two days and strict action will be taken against all those involved, including Muhammad Talha, the traffic police officer seen in the video,” Nafees Iqbal, the Islamabad traffic police spokesperson, told Arab News.
He said they were verifying facts regarding the young man, who claimed to be blind.
“Preliminary findings suggest that his condition may not be as portrayed in the media and he may not be entirely blind,” Iqbal added.
Arab News reached out to Sar-e-Aam host Hassan and his team, but they did not respond to calls and messages for a comment on the matter.
The traffic police spokesperson said they would share findings of their probe with media upon completion of the investigation in the next few days.
“Upholding the prestige and integrity of the Islamabad traffic police is of utmost importance to us,” he added.
Additionally, he said, strict measures had been taken to curb agent mafias, who act as intermediaries in such matters, and model police service centers were operating for the facilitation of public, including the issuance of driving licenses.
“Further action will be taken based on the inquiry team’s recommendations,” Iqbal added.
Corruption in public sector organizations is a major concern for the South Asian nation, with Pakistan ranking 133rd out of 180 countries on Transparency International’s Corruption Perceptions Index in 2023.
According to the findings of the National Corruption Perceptions Survey 2023, the police department remained the most corrupt institution, followed by tendering and contracting and the judiciary at third position.


Pakistani scientist gets prestigious Sheikh Zayed International award in medicine

Updated 15 December 2024
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Pakistani scientist gets prestigious Sheikh Zayed International award in medicine

  • Award recognizes Dr. Muhammad Iqbal Chaudhry’s efforts to integrate traditional medicine with modern medical practices
  • He is the recipient of several civil awards such as the Hilal-I-Imtiaz, the Sitara-I-Imtiaz, and the Tamgha-I-Imtiaz

Islamabad: Distinguished Pakistani scientist and Coordinator-General of the OIC’s Standing Committee on Scientific and Technological Cooperation, Dr. Muhammad Iqbal Chaudhry, has been awarded the Sheikh Zayed International award in recognition of his achievements in medicine, COMSTECH said on Sunday. 

The Sheikh Zayed International TCAM (Traditional Complementary and Alternative Medicine) Award recognizes significant contributions to the field of TCAM. It was established to honor individuals, organizations, and institutions that have made outstanding efforts in promoting TCAM practices, enhancing health care, and integrating traditional medicine with modern medical practices.

Dr. Chaudhry was presented with the award at the Hotel Beach Rotana in Abu Dhabi, COMSTECH said in a press release. It added that he was awarded for his groundbreaking contributions to herbal medicine and academic excellence. 

“This award not only acknowledges his individual accomplishments but also highlights the growing importance of traditional medicine in modern health care,” COMSTECH said. 

A distinguished figure in the scientific community, Dr. Chaudhry is the recipient of numerous prestigious Pakistani awards, including civil awards such as the Hilal-I-Imtiaz, the Sitara-I-Imtiaz, and the Tamgha-I-Imtiaz. 

He has also bagged the Friendship Award from China, and the Golden Silkball Friendship Award.

He serves as vice president of the World Academy Of Sciences For Central & South Asia and is a fellow of several esteemed scientific organizations, including the Royal Society Of Chemistry in London.

In October, Hunan University Of Medicine in China named it’s newly inaugurated research building after Dr. Chaudhry. 
 


Pakistan eyes olive cultivation as means to boost agricultural growth

Updated 15 December 2024
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Pakistan eyes olive cultivation as means to boost agricultural growth

  • The South Asian country is currently turning its focus to agriculture as a driving force for economic growth, with ambitious plans to enhance cultivation
  • With government backing, investment, and community-driven innovation, Pakistan’s olive industry seems poised to transform the agricultural landscape

ISLAMABAD: Pakistan has been eyeing an increase in olive cultivation to boost its agricultural growth, its national food security minister said this week, adding that it could position the country as a major player in the global olive oil market.

According to the Journal of Agriculture and Food Research from June 2024, Pakistan has 80 million wild and 5 million planted olive trees. Olives are important for their food and nutritional benefits. Cultivating olives on a large scale in Pakistan will help in meeting the local demand for edible oil in the country. 

In 2022, Pakistan became the 19th member of the International Olive Council, the only intergovernmental organization in the world that brings together olive oil and table olive producing and consuming stakeholders. Pakistan exported virgin and extra virgin olive oil worth 1.9 million in 2022. 

The South Asian country, which has been facing an economic crisis, is currently turning its focus to agriculture as a driving force for economic growth, with ambitious plans to enhance cultivation, modernize processing, and expand exports.

Speaking at an event in Islamabad for the promotion of olive cultivation on a commercial scale, Pakistan’s National Food Security Minister Rana Tanveer Hussain said it would not only boost the gross domestic product, but also generate employment in rural areas.

“We will bring an increase in cultivation. We will definitely put this industry in processing and packing,” he said on Friday. “And God willing, that day will not be far when our olive oil will become popular in other countries. Because it contents, as far as I know, are very good.”

Jars of olive pickles are displayed at a stall at the Grand National Olive Gala 2024 in Islamabad, Pakistan, on December 13, 2024. (AN photo)

Agriculture is the backbone of Pakistan’s economy and accounts for nearly half of the employed labor force in the country, according to the Pakistan Bureau of Statistics (PBS).

“In the last few years, no sector had a contribution in economic growth like agriculture, which accounted for 6.5 percent of GDP,” Hussain said, emphasizing agriculture’s critical role in the country’s economy.

Pakistan’s financial and private sectors are also stepping up to support this momentum.

Muhammad Shoaib Qaisrani, vice president of the National Bank of Pakistan, shared that substantial investments were being made in the agriculture sector to boost production.

“We have disbursed Rs368 billion ($1.33 billion) into agriculture,” he shared. “With the addition of olives, we are expecting to inject another up to Rs40 billion ($144.4 million) to further support this sector.”

A customer is checking a bottle of olive oil at the Grand National Olive Gala 2024 in Islamabad, Pakistan, on December 13, 2024. (AN photo)

The private sector is embracing the potential of olives, with entrepreneurs and women playing a transformative role in the country’s olive oil industry. Women-led initiatives, particularly in rural areas, have been thriving, with many women involved in producing olive-based products like soaps, cosmetics and pickles.

Aiza Imran, brand manager at Loralai Olives that cultivates and processes olives, expressed optimism about Pakistan’s position in the olive oil market.

“When we think of olive oil, we think of Italy or Spain. That’s what we are trying to do with Pakistan, and Loralai specifically, because it’s known to have the best quality oil in the region,” she said.

Participants attend the Grand National Olive Gala 2024 in Islamabad, Pakistan, on December 13, 2024. (AN photo)

These ventures are not only empowering women economically but also contributing to local value addition, driving innovation and inclusivity in the industry, according to Alamgir Khan, an official at Khazana Support Organization, a Khyber Pakhtunkhwa-based entity that aims to enhance capacity-building of women.

Entrepreneurs are leveraging modern techniques and creative marketing to expand the industry’s reach, fostering job creation and promoting Pakistan’s olive oil as a high-quality product in global markets. The collaborative efforts are reshaping the narrative around entrepreneurship and gender roles in agriculture.

“We have soaps, cosmetics, pickles. We have made a group of females, and they make these products,” Khan told Arab News. “They have displayed their work, showing how olives contribute to diverse industries.”

Olives are also recognized for their vast health benefits.

“From a nutritional point of view to skin cosmetics, healthy living, longevity, and anti-aging, olives are the best,” said Dr. Daud Qazi, chairman of the World Association for Regenerative Medicine, while emphasizing their versatility.


Pakistan’s interior minister arrives in Saudi Arabia to discuss bilateral ties, mutual concerns

Updated 15 December 2024
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Pakistan’s interior minister arrives in Saudi Arabia to discuss bilateral ties, mutual concerns

  • Pakistan has signed several agreements worth billions of dollars with Saudi Arabia in recent months
  • Mohsin Naqvi meets Saudi Arabia’s Undersecretary of Interior Dr. Khalid bin Mohammed Al-Battal 

ISLAMABAD: Pakistan’s Interior Minister Mohsin Naqvi arrived in Riyadh on Sunday to discuss bilateral ties and issues of mutual concern with Saudi Arabia, the interior ministry said as both countries continue efforts to forge closer economic and investment ties. 

Pakistan has looked toward Saudi Arabia and other Middle Eastern states in recent months to attract foreign investment and ensure economic stability. 

Islamabad and Riyadh signed several memorandums of understanding (MoUs) in October worth $2.8 billion that Pakistan says will bring much-needed foreign investment into the cash-starved country. 

Naqvi met Saudi Arabia’s Undersecretary of Interior Dr. Khalid bin Mohammed Al-Battal after his arrival in Riyadh, the interior ministry said. 

“Matters of mutual interest and discussions on Pakistan-Saudi Arabia relations were held,” the interior ministry said. 

Naqvi congratulated the Saudi leadership on successfully winning the bid for hosting the 2034 FIFA World Cup, expressing his best wishes for the Kingdom. 

“Saudi Arabia is our most trusted Islamic friends. Every Pakistani is proud of this friendship,” Naqvi added. 

He praised Saudi Crown Prince Mohammed bin Salman’s Vision 2030 program, saying that it has created “historic progress and prosperity” in the Kingdom. 

Al-Battal noted that the two countries enjoyed very close ties to each other, adding that he was looking forward to further progress in bilateral relations during Naqvi’s ongoing tour of Saudi Arabia.