‘Pakistan is next economic success story’

Rising female education, climbing exports are clear indicators.

SINGAPORE: High Commissioner of Pakistan to Singapore Syed Hasan Javed said that Pakistan was the next economic success story of Asia due to development in various sectors.

He said a number of indicators, such as rising female education, growing empowerment of women in society, boom in the rural economy, rise in worker’s remittances and increase in exports showed that Pakistan will be Asia’ success story in the near future.

Javed said that Pakistan just required economic reforms and a better governance system. He said Pakistan had a reasonable infrastructure, legal system, English language education already in place and enjoyed advantages of young population and rich resource endowments including holding countless mineral reserves, tourist potential landscape, enviable location advantage and vibrant agriculture sector.

He said that Pakistan was the world’s major untapped market, which enjoyed excellent relations with all the world’s major powers and countries. Pakistan was attracting interest of more and more companies in the Asia-Pacific region which planned to relocate to Pakistan for business, he added. Javed said interaction with foreign correspondents was part of the interactive initiative by the high commission to project the soft image of Pakistan and its growing importance as an investment destination for the companies of the Asia-Pacific region.

Published in The Express Tribune, November 17^th, 2012.