KARACHI - Swiss Director General Foreign Affairs for Asia, Pierre Comeernous has said that Karachi is a profitable city for Swiss business companies and they have made enormous investment here. Impressed with the speedy development that has taken place in Karachi, the Swiss companies are showing interest in making further investment, he said while talking to City Nazim Mustafa Kamal at Civic Centre here Tuesday. Mr Pierre had called on the Nazim at the head of a high level delegation and held exchange of views on matters of mutual interests. His delegation included Swiss Ambassador in Pakistan Markus Peter, Consul General Martin Bienz, Deputy Head of Mission Nicholas Platiner. Mr Pierre observed that Karachi is not only an important city of Pakistan but it enjoys a significant position in the Region and with investment and development here would bring stability not only in Pakistan but also in the region. He said that the development works implemented here during the last 4 years have been praised world over and this has attracted the investors and business companies world over and particularly from Switzerland and they are showing interest in making investment here. The Swiss DG for Foreign Affairs for Asia appreciated the philosophy of MQM that middle class leadership should be brought forward so that problems of common citizens are focussed and solved. Nazim Mustafa Kamal said on the occasion that City Government started a speedy development process during the last 4 years to project the international status of Karachi and this restored the confidence of local and foreign investors. He said that Karachi is the backbone of Pakistans economy and, therefore, its infrastructure was speedily replaced to boost trade activities in the region. He pointed out that development in Karachi would bring stability in the region as well as improve Pakistans economic condition. Mustafa Kamal said the city government has provided best opportunities to facilitate the international investors and Swiss companies too would be provided all facilities.