PM invites Kuwaitis to invest in Pakistan

Says economy is back on track after strenuous efforts

Our Correspondent March 07, 2017
Prime Minister Nawaz Sharif in a meeting with a delegation of the Kuwait Chamber of Commerce in Kuwait. PHOTO: APP

ISLAMABAD: Prime Minister Nawaz Sharif on Monday met a business forum delegation at Bubyan Palace during his ongoing trip to Kuwait.

During the meeting, the premier stated that Pakistan’s economy was back on track after strenuous efforts of the government.

He said that leading financial institutions of the world acknowledged the tremendous achievements made by Pakistan in the areas of macroeconomic stability, GDP growth, low inflation and achieving new heights in stock exchange.

Pakistan offers conducive environment for foreign investment, says PM

The PM said that his government has largely overcome the issue of power shortages and the country’s industrial sector is provided uninterrupted supply of electricity.

Mega investments were being made in diverse fields of energy including hydel, thermal, coal, solar and wind. “These huge investments, coupled with the dedicated teamwork of my government, will enable Pakistan to completely overcome the energy shortages,” the premier was quoted as saying by a press release issued by the PM office.

He stated that special focus is being given to building infrastructure, motorways and expressways all over Pakistan.

“China Pakistan Economic Corridor (CPEC) alone has the potential to accelerate trade and business activities in the entire region. We are welcoming countries of the region to join CPEC and reap the benefits of this significant connectivity project,” Nawaz underscored.

Nawaz leaves for Kuwait today

The PM said that Pakistan offers an ideal and conducive environment for foreign investments, and encouraged the Kuwaiti business community to explore investment opportunities in the country.

“The government is ensuring all possible assistance and facilitation for investors,” he added.

The meeting was attended by Minister for Petroleum Shahid Khaqan Abbassi, SAPM Tariq Fatemi,  Chairman BOI Miftah Ismaill.

Published in The Express Tribune, March 7th, 2017.


Feroz | 7 years ago | Reply The first issue that should have been raised was denial of visa to Pakistani workers. Who will take up that issue ?
AK | 7 years ago | Reply The PM and the Finance Minister should invite their sons to invest in Pakistan first. It will definitely send a "sincere" message to foreign investors.
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