Frost & Sullivan opens an office in Lahore and announces growth opportunities in infrastructure, energy, manufacturing, healthcare and education
Lahore, Pakistan 29th June 2016: Frost & Sullivan, the Global Growth Consulting firm recently opened its first office in Lahore, in Pakistan’s Punjab Province. The multi-national consultancy is already present across nine offices in MENASA (Middle East, North Africa & South Asia).
Pakistan is evolving as one of the emerging economies due to many different factors: its favourable global economic conditions, successful integration into the global economy, pursuit of sound, credible and consistent economic policies, strong institutional delivery and governance framework, investment in physical infrastructure, human development and continued political stability and improving security conditions.
Over the past two years, Frost & Sullivan has successfully completed projects with the Government of Pakistan like Restructuring of the MRO division of Pakistan International Airlines, Concept Masterplan of Lahore Knowledge Park etc. and is currently engaged with the Development of a New Economic City in Punjab. Frost & Sullivan consultants have been working hand in hand with the clients’ teams to identify, strategize and implement growth opportunities in various sectors. The new office in Lahore is testament to Frost & Sullivan’s commitment of continuing partnerships with the clients in Pakistan.
On this occasion speaking about the economic scenario in Pakistan, Samita Khawar, Country Head – Pakistan, Frost & Sullivan, said, “Pakistan’s economy is robust and on the right path of progress. Major growth was seen in the Infrastructure sector due to investment and development that took place in the construction industry and power sector. The major catalyst is investment that is coming from China for CPEC (China-Pak Economic Corridor) which will the game-change for Pakistan and will further boost the economy. Pakistan’s recent inclusion in the Morgan Stanley Capital International (MSCU) list of emerging markets is also reflective of the right direction of Pakistan’s economy”.
Pakistan is expected to witness remarkable growth in Infrastructure, energy, manufacturing, healthcare, and education sectors over the next several decades. Service sectors will also simultaneously grow immensely in size and scale as happens in the time of economic growth and prosperity. Frost & Sullivan through itsglobal presence, strategic consulting and with vast industry knowledge will provide solutions on expansion, portfolio optimisation, sustainable businesses, operational improvement, benchmarking etc. which will enable businesses in Pakistan transition to growth.
“Leveraging on Frost & Sullivan’s Public Sector experience, we will offer strategic advisory services to government and multilateral organisations in Pakistan. Our consulting expertise includes areas such as developing industry roadmaps, formulating capability development policies, developing economic master plans, assessing and recommending measures to enhance labour productivity. Our diverse industry expertise, global presence, and experience in working with public sector organizations around the world will help our clients address the challenges they face. Through our knowledge of current and future global trends, we translate global opportunities to deliver economic value for our clients. “, added Samita Khawar.
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