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Kuwaiti businessmen urged to invest in Pakistan

KUWAIT: Prime Minister Nawaz Sharif said on Monday that Pakistan offered an ideal and conducive environment for foreign investments and urged the Kuwaiti business community to explore investment opportunities in Pakistan.

In a meeting with a delegation comprising members of the Kuwait Chambers of Commerce at Bayan Palace here, the prime minister said his government was ensuring all possible assistance and facilitation for investors.

The prime minister arrived here on a two-day official visit along with a high-level delegation.

While highlighting key economic achievements, the prime minister said that Pakistan’s economy was back on track after strenuous efforts of the present government.

He said that leading financial institutions of the world had acknowledged the tremendous achievements made by Pakistan in the areas of macroeconomic stability, GDP growth, low inflation and achieving new heights in stock exchange.

Mr Sharif said that his government had largely overcome the issue of power shortages and the country’s industrial sector was supplied uninterrupted electricity.

He further said that mega investments had been made in diverse fields of energy including hydroelectric, thermal, coal, solar and wind.

The China-Pakistan Economic Corridor (CPEC) alone had the potential to accelerate trade and business activities in the entire region, he said, adding that Pakistan was welcoming countries of the region to join CPEC and reap benefits of this significant connectivity project.

The meeting was also attended by Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi, Special Assistant to the PM Tariq Fatemi and Chairman of the Board of Investment Miftah Ismail.

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About TAUQEER RIAZ Utmanzai (1794 Articles)
Broadcast Engineer/Journalist/Columnist and Social activist. --------------------------------------------- Follow on Twitter: https://twitter.com/tauqeerriaz On FB:www.facebook.com/tauqeerkhanutmanzai.
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