Nawaz Sharif invites Qatari investors to explore opportunities in Pakistan

BusinessNawaz Sharif invites Qatari investors to explore opportunities in Pakistan

DOHA, Qatar: Prime Minister Muhammad Nawaz Sharif Thursday invited Qatari investors to explore investment opportunities in Pakistan with particular focus on energy related projects, infrastructure development, and consumer based industry.

Nawaz Sharif invites Qatari investors to explore opportunities in Pakistan

The Prime Minister was talking to Chief Executive Officer of Qatar Investment Authority (QIA) Sheikh Abdullah bin Muhammad Al-Thani, who along with his delegation called on him here.

Finance Minister Muhammad Ishaq Dar, Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi, Special Assistant to the PM on Foreign Affairs Syed Tariq Fatemi and Pakistan Ambassador to Qatar Shahzad Ahmed were also present during the meeting.

The Prime Minister invited Qatari Petroleum and Gas Companies to invest in Oil and Gas exploration and production sector of Pakistan.

He said Pakistan is an agricultural country having vast fertile lands and invited Qatari businessmen to invest in the agriculture and livestock sector.

The Prime Minister said Pakistan is wholeheartedly focused on expanding its physical infrastructure such as roads, railways, educational institutions, hospitals and industry, adding that Pakistan offers most attractive incentives for FDI in these fields.

He said Pakistan attaches immense importance to its close and cordial relations with Qatar.

“We are desirous of promoting, diversifying and strengthening relations in all fields of bilateral relations,” the Prime Minister added.

He said the traditional and friendly political relations provide an excellent foundation for building mutually beneficial economic, commercial, trade and investment linkages.

The Prime Minister expressed his satisfaction at the progress made during the recent visit of a delegation of Nebras Power to Pakistan. A delegation from Nebras Power, an investment company in power sector, working under the overall umbrella of Qatar Investment, conducted due diligence in Pakistan in September 2015 in connection with LNG based power projects.

CEO Qatar Investment Authority Sheikh Abdullah bin Muhammad Al-Thani lauding the liberal economic policy and favourable environment for investment in Pakistan said that Qatari investors would explore the vast economic opportunities in diverse fields in Pakistan.

Source: APP

 

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

PM Shahbaz expresses strong desire to revive Pakistan-Germany partnership

0
ISLAMABAD, Pakistan: The German Federal Minister for Economic Cooperation and Development Svenja Schulze met Prime Minister Shahbaz Sharif at the Prime Minister's House in...

PM launches Buna-Raast Connectivity Project to streamline remittances from Arab world to Pakistan

0
ISLAMABAD, Pakistan: Prime Minister Shahbaz Sharif on Thursday launched Buna-Raast Connectivity Project in Islamabad to streamline remittances from the Arab world to Pakistan. The...
Monal Restaurant in Margalla National Park shows how the Superclass manipulates rules in Pakistan

Monal Restaurant in Margalla Hills National Park shows how the Superclass manipulates rules in...

0
Islamabad, Pakistan: The saga of Monal Restaurant in Margalla Hills National Park is a textbook example of how the Superclass manipulates rules to benefit...

USD to PKR: USD Dollar Rate in Pakistan Today – 22 August 2024

0
The US Dollar (USD) was being bought and sold at Rs 279.6 and Rs 280.3 in the Open Market against the Pakistani Rupee (PKR)...

Gold Price in Pakistan Today – 22 August 2024

0
On Thursday (August 22, 2024), the gold rate for one tola of 24-karat in Karachi, Pakistan, is Rs 261,450.000.It's important to note that gold...
Advertisement