Wafi Energy hints at $100 million investment in Pakistan

Federal Finance Minister Senator Muhammad Aurangzeb on Monday reaffirmed the Government’s commitment to sustaining macroeconomic stability, strengthening foreign exchange buffers, and enhancing investor confidence, reported 24NewsHD TV channel.

He was talking to a delegation of Wafi Energy Pakistan Ltd, in Islamabad, which signaled a potential investment of up to 100 million dollars in Pakistan over the next two to three years

Senator Mohammad Aurangzeb observed that improving macroeconomic indicators are already translating into greater confidence among both domestic and foreign investors, and underscored that such developments represent fundamental elements of a healthy investment climate. 

He highlighted that local investor participation plays an important role in further encouraging foreign investment inflows.

Muhammad Aurangzeb reaffirmed the Government’s commitment to privatization and outsourcing as a core policy direction, emphasizing that the private sector is better positioned to manage and operate commercial assets efficiently. 

He noted that recent privatization initiatives have demonstrated strong investor interest and emphasized that future transactions will follow transparent, competitive, and well-publicized processes in line with the Prime Minister’s directives.

Mohammad Aurangzeb also referred to ongoing high-level strategic engagement with international partners, including Saudi Arabia, noting that such engagements provide valuable platforms for strengthening economic cooperation and investment ties.

Reporter: Waqas Azeem