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|Pakistan expects to invest US$ 500 mn in Sri Lanka|
Zaigham highlighted the key bilateral investment areas between the two countries. He said under-utilization of concessions provided by the both sides under the Sri Lanka-Pakistan Free Trade Agreement was a major issue.
He stressed Sri Lanka to diversify its basket of goods to higher-preference point items.
Investments from Pakistan into Sri Lanka have begun to pick up. As of December 2012, the total cumulative investment stood at around US$ 11.9 million and currently Investment of around US$ 233.3 million is in the pipeline.
Pakistani companies have invested in agriculture, IT, textiles and construction and real estate development.