The UK is the second largest foreign investor in Pakistan and over all bilateral trade is more than £1.5 billion. - File photo

ISLAMABAD: The visiting British entrepreneurs have shown their readiness to make investment to harness the rich mineral resources available in Pakistan.

Talking to BoI chairman Saleem Mandviwala here on Friday Tim Holmes, the leader of the 9-member delegation said that the British entrepreneurs were encouraged by the investment-friendly policies of Pakistan and the availability of rich mineral resources in different parts of the country.

The British investors would specifically focus on the exploration of coal, iron ore, copper and other minerals which still remain unexploited, said Mr Holmes.

The delegation visited Karachi, Lahore and Quetta, besides holding meetings with government officials in Islamabad.

British entrepreneurs are keen to bring investment here as they feel it a social responsibility to help Pakistan by playing a role in the economic development of the country.

The UK is the second largest foreign investor in Pakistan and over all bilateral trade is more than £1.5 billion and there is vast scope to increase it up to £2.5 billion by 2013.

During the delegation's visit the BoIs of Punjab and Sindh, and the Overseas Investment Chamber of Commerce and Industry showcased investment opportunities in the infrastructure, energy, financial and mining sectors.