Prime Minister Muhammad Shehbaz Sharif on Tuesday met with prominent American entrepreneur and investor Gentry Beach in Dubai to bolster foreign investment.
The meeting, aimed at strengthening economic ties and exploring investment opportunities, highlighted Pakistan’s commitment to becoming a prime destination for global investors, a Prime Minister’s Office news release said.
The prime minister emphasized that Pakistan offered vast opportunities for investment across various sectors. He assured that the government was prioritizing measures to facilitate foreign investors and ease of doing business.
“This is the most opportune time for foreign investors to benefit from the investment opportunities available in Pakistan,” the prime minister stated.
The prime minister also highlighted the positive impact of government policies, including reduced interest rates, which have spurred business growth and created new employment opportunities.
He reiterated the long-standing relationship between Pakistan and the United States, expressing mutual commitment to enhancing trade and investment ties.
Gentry Beach, a well-known figure in the global business community, praised Pakistan’s economic stability under the prime minister’s leadership.
Reflecting on his recent visit to Pakistan, Beach commended the government’s investor-friendly policies and expressed keen interest in exploring investment opportunities across multiple sectors. “I am eager to move forward with my investment plans in Pakistan at the earliest,” Beach said during the meeting.
The high-profile meeting was also attended by Deputy Prime Minister and Foreign Minister Ishaq Dar, Federal Ministers Khawaja Muhammad Asif, Attaullah Tarar, and Special Assistant Tariq Fatemi.
Meeting with DP World CEO
Prime Minister Shehbaz Sharif on Tuesday held discussions on bilateral matters with Group Chairman and CEO of DP World Sultan Ahmed bin Sulayem at the World Government Summit in Dubai.
The prime minister commended the successful recent visit of the DP World delegation to Pakistan, which fostered meaningful investment collaboration between the two sides, a Prime Minister’s Office news release said.
The prime minister emphasized that such partnerships would bolster the trade relations between Pakistan and the United Arab Emirates (UAE).
He lauded DP World’s role in enhancing Pakistan’s trade and logistics infrastructure and reiterated Pakistan’s commitment to the swift completion of Intergovernmental Agreements (IGAs) signed with the company.
Pakistan, through the Special Investment Facilitation Council (SIFC), is striving to make investment procedures smoother and more transparent, thus improving the country’s business environment for global investors, he said.
Acknowledging DP World’s strategic vision, the prime minister recognized the company’s potential to expand operations in Pakistan, capitalizing on the country’s strategic location and the success of projects like the Jebel Ali Port.
Sultan Ahmed bin Sulayem expressed gratitude for Pakistan’s ongoing support and reaffirmed DP World’s commitment to timely project completions and exploring new avenues for cooperation.
The DP World Chairman also announced the establishment of a dedicated exhibition hall in the UAE to promote Pakistani products, a move that will enhance access to the Emirati market and boost the visibility of Pakistani goods.
Prime Minister Sharif welcomed this initiative, highlighting its potential for fostering deeper economic ties.