Chairman WEF praises Pakistan’s progress on economic front

DAVOS, Switzerland: The Executive Chairman World Economic Forum (WEF) Professor Klaus Schwab has praised progress made by Pakistan on the economic front.


In a meeting with Prime Minister Nawaz Sharif in Davos on Wednesday on the sidelines of the 47th annual meeting of World Economic Forum, the Chairman WEF informed the prime minister that business leaders consider Pakistan as a great investment destination.

The Chairman WEF appreciated the progress of Pakistan in the infrastructure sector and declared that Pakistan was now ready to lead the regional connectivity initiative with central Asia.

Klaus Schwab said that Pakistan was now attracting business groups from abroad based on improved security and energy sectors.

Prime Minister Nawaz Sharif along with his Special Assistant Syed Tariq Fatemi is currently in Switzerland to participate in the 47th WEF annual meeting aimed at fostering greater social inclusion and human development.

On the sidelines of the WEF meeting, the prime minister has already held a couple of meetings with world leaders and Chief Executive Officers (CEOs) of leading organizations such as among them Swiss President Doris Leuthard, Group CEO of Standard Chartered Bank Jose Vinals and Group CEO of VimpelCom Jean Charlie.

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