UAE investors promised special incentives in Punjab

CM, ambassador agree to form working group for boosting cooperation


Our Correspondent December 31, 2024
UAE Ambassador Hammad Obaid Ibrahim Al-Zaabi and Punjab Chief Minister Maryam Nawaz discuss promotion of bilateral collaboration. photo: express

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LAHORE:

Discussing economic cooperation, development projects and promotion of tourism in Punjab with United Arab Emirates (UAE) Ambassador to Pakistan Hammad Obaid Ibrahim Al-Zaabi, Chief Minister Maryam Nawaz Sharif invited investors from the Gulf country to the province.

During a meeting with then ambassador, the chief minister agreed to a proposal to establish a working group between Punjab and the UAE to take bilateral cooperation to a higher level.

She promised special incentives and conducive environment for the UAE investors.

Chief Minister Maryam Nawaz appreciated UAE's support in Pakistan's socio-economic development.

She said, "We value UAE's support in infrastructure, health, education and energy sectors. Pakistan-UAE relations are based on mutual trust and respect."

She highlighted, "Pakistan and UAE share the same vision for regional stability and prosperity."

Ambassador Hammad Obaid Ibrahim Al-Zaabi congratulated the chief minister on her successful visit to China and praised her for the ongoing development projects and her climate change-related initiatives.

He said, "UAE wants a developed Pakistan and stands by the government and people in this journey."

He added, "We want to work on more projects in Pakistan."

The ambassador underscored, "Punjab government is committed to promoting sustainable development through public-private partnership."

The UAE ambassador also called on Punjab Governor Sardar Saleem Haider Khan and discussed matters of mutual interest besides ways to expanding bilateral relations in the economic sector.

The governor apprised the ambassador of the difficulties faced by Pakistanis, especially students, in obtaining UAE visas. He said that Pakistan and the UAE have deep brotherly relations, adding that Pakistan wants to take the relations to greater heights.

He said development of the economy is top priority of the government and it is providing facilities to foreign investors.

With additional input from APP

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