Investment sought from expatriate Pakistanis
Increase in government’s initiatives to attract foreign investment can help the country reduce its reliance on foreign debt. photo: file
Pakistan provides lucrative investment opportunities and the American-Pakistani investors should shift their investment to Pakistan for greater returns, emphasised Ambassador-at-Large on Investment Zeeshaan Shah.
His statement came at an event arranged for the American-Pakistani investor diaspora by the Bank of Punjab in collaboration with the US-Pakistan Chamber of Commerce in Houston, USA.
The event was attended by the leading business people from the Pakistani community in Houston.
The ambassador-at-large presented an overview of key investment opportunities in Pakistan with focus on the IT, outsourcing, tourism, healthcare and renewable energy sectors.
He lauded efforts of the diaspora in contributing to the Roshan Digital Account, which in June recorded its highest daily deposit with over $57 million.
Prime Minister Shehbaz Sharif recently appointed Shah to represent Pakistan with singular focus on generating investment to create jobs for Pakistan’s bulging youth population.
With over 150 million people under the age of 30, the youth of Pakistan presented a great opportunity but they must be given a conducive environment to utilise their skills in a productive way, he added.
Shah highlighted the importance of Pakistan’s partnership with the United States and said it was up to the diaspora to represent Pakistan in the US as its ambassadors.
Being Pakistan’s largest export market, the US is the country’s biggest source of foreign earnings.
It has invested billions of dollars in key initiatives including women empowerment, healthcare, sanitation, education and has most recently donated 65 million life-saving Covid vaccine doses.
Published in The Express Tribune, July 31st, 2022.
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