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