Capital Group expresses interest in Pakistan market

Delegation official says improved security situation, govt policies have sparked interest


APP March 29, 2019
Representational image. PHOTO: REUTERS

ISLAMABAD: With a population of over 200 million, Pakistan offers huge opportunities to the business community, said Prime Minister Imran Khan.

He was briefing a delegation of Capital Group, an American financial services company on Thursday, which called on him at the Prime Minister Office.

Capital Group is ranked among the world’s oldest and largest investment management organisations, with $1.89 trillion in assets under management.

Speaking on the occasion, Capital Group’s representative Michael Thawley pointed out that improved security situation, policies and the seriousness of the current government towards economic revival had encouraged the company to explore business opportunities in Pakistan.  Welcoming Capital Group’s interest in Pakistan, the prime minister highlighted the government’s reform agenda and various steps taken to provide conducive and business friendly environment to the investors.

He said that the government, besides focusing on improving ease of doing business, was striving to change the mind-set so the business community can be facilitated to undertake lucrative business ventures.

This would enable the economy to expand and create job opportunities for the country’s youth, he added.  

Published in The Express Tribune, March 29th, 2019.

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