Pakistan stands as the most attractive and profitable investment destination for US investors, and Ambassador Masood Khans urged them to capitalise on the country’s improved business climate. He highlighted the role of the Special Investment Facilitation Council (SIFC) in providing comprehensive facilitation and a one-window solution for investors to tap into the vast markets of Pakistan and the region. The ambassador expressed these sentiments during a virtual meeting with the President of the Pakistan Chamber of Commerce USA, Amir Piprani, and his team, as per a press release from the Pakistani embassy in Washington.
Read Masood highlights SIFC role in Pak-US trade ties
Pakistan’s Consul General in Houston, Aftab Ahmed Chaudhry, and Trade & Investment Attaché, Shaista Bunyad, were also present during the meeting. Ambassador Khan highlighted Information Technology, energy, agriculture, and minerals as priority areas for investment. However, he assured that facilitation would be extended to every single investment across all sectors of the economy. The establishment of SIFC aims to ensure proper facilitation for foreign investors, especially the Pak-American business community, seeking to invest in Pakistan.
Piprani briefed Ambassador Masood Khan on the activities of PCC-USA, particularly highlighting the Pakistan Business Expo 2024 scheduled for October in Houston, Texas. The expo aims to showcase various Pakistani products in diverse areas, including sporting & surgical, IT, beauty and health, food and beverages, oil and gas, home living, and textile and jewels. The Ambassador assured the PCC-USA of every possible facilitation by the Embassy and Pakistani Consulate in Houston for organising this event.
Published in The Express Tribune, January 26th, 2024.
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