Japanese firms reluctant to expand business

Japanese companies operating in Pakistan are least interested in further investment to expand their businesses, while the country ranked lowest in the region. “Unstable security, high inflation and an unstable exchange rate are major business concerns for Japanese companies operating in Pakistan,” said an official Japanese government survey on Monday. The Japan External Trade Organisation (Jetro), the Japanese government’s trade and investment promotional arm, conducted an annual survey of Japanese companies in 20 countries and regions in Asia and Oceania to determine their business conditions in 2023. According to the survey, the percentage of Japanese companies in Pakistan that responded “expand” to the question “business expansion over the next one and half years” was 43.5 per cent, ranking 11th among the 20 countries and regions.