Islamabad: Ambassador of Japan to Pakistan, H.E. Mr. Akamatsu Shuichi, on Tuesday hosted the 'Japan-Pakistan Business Seminar 2026' at a hotel in Islamabad, bringing together key stakeholders from both countries to strengthen economic and business cooperation.
The seminar was attended by around 100 participants, including Special Assistant to the Prime Minister for Industries and Production H.E. Mr. Haroon Akhtar Khan as chief guest, senior Pakistani government officials, business leaders, representatives of relevant institutions and universities, Japanese companies including members of the Japan Chamber of Commerce and Industry in Pakistan, the Japan International Cooperation Agency (JICA), and the Japan External Trade Organization (JETRO).
Addressing the seminar, Ambassador Akamatsu highlighted the significant contribution of Japanese automotive companies to Pakistan's economy. He said that Japanese firms have created more than 100,000 jobs in Pakistan and established strong domestic supply chains, with localization of automotive parts exceeding 60 percent. He added that these companies continue to invest in new technologies to promote industrial upgrading and reduce environmental impact, noting that only a limited number of countries globally have the capability to manufacture automobiles. He emphasized that Japan's contribution to Pakistan's economy is substantial and will continue in the future.
Special Assistant to the Prime Minister Haroon Akhtar Khan expressed gratitude for Japan's longstanding support to Pakistan's economy and voiced hope for further strengthening bilateral relations, particularly in trade and industrial development.
During Session One, panelists from both countries discussed Japan's economic growth model and the history of Japan-Pakistan business relations. Speakers emphasized Japan's culture of prioritizing investment in education and human resource development over short-term profits, describing it as a key factor behind sustainable economic growth. The session featured an active discussion on lessons Pakistan could draw from Japan's experience.
Session Two focused on the automotive sector, with participation from Japanese automotive companies operating in Pakistan and local auto parts suppliers. Speakers highlighted the importance of Kaizen, 5S practices, and continuous employee training in achieving stable mass production of high-quality and durable products. Discussions also covered the role of Japanese companies in developing Pakistan's automotive vendor industry, as well as future plans including promotion of hybrid vehicles, investment in biogas fuel to reduce petrol consumption, and further improvements in vehicle safety.