News

PM seeks Qatar’s investment in energy, aviation sectors

August 23, 2022 10:46 PM


Prime Minister Shehbaz Sharif Tuesday invited investors from Qatar to invest in Pakistan’s energy, aviation, agriculture, livestock, maritime, tourism and hospitality sectors, reported 24NewsHd TV channel.

The prime minister, in a meeting with the highest officials of Qatar Investment Authority (QIA) – one of the largest sovereign wealth funds of the world, highlighted Pakistan’s liberal and business-friendly investment policies in this regard.

He also urged the Qatari investors to explore the opportunities presented by the China-Pakistan Economic Corridor (CPEC) aimed at promoting regional connectivity and mutual prosperity.

QIA Chief Executive Officer Mansoor Bin Ebrahim Al-Mahmoud and Chief Investment Officer of Africa and Asia-Pacific Regions Sheikh Faisal Thani Al-Thani represented the Qatar Investment Authority.

The meeting was attended by federal ministers Syed Naveed Qamar, Marriyum Aurangzeb and Ayaz Sadiq, and Minister of State Hina Rabbani Khar.

Lauding Qatar’s rapid economic development under the visionary leadership of Qatar’s Emir, the prime minister reiterated that Pakistan attached high importance to its relations with Qatar and wanted to upgrade the traditionally warm political ties between the two countries into a comprehensive economic partnership.

He stressed the need to further enhance bilateral economic and investment engagement, particularly in the renewable energy including solar and wind power generation, aviation, maritime, industrial and infrastructure development, and hospitality sectors.

He underlined Pakistan’s unique geographic and demographic advantages, which combined its strategic location with a huge middle-class market and a large skilled workforce. PM Shehbaz Sharif assured full facilitation to the QIA through transparent and expeditious processes.



Most Read

  1. Foreigners safe after suicide-bomber targets their van in Karachi Foreigners safe after suicide-bomber targets their van in Karachi
  2. LHC orders steel mill demolition over pollution LHC orders steel mill demolition over pollution
  3. Finance minister rules out further rupee devaluation Finance minister rules out further rupee devaluation
  4. Mehar Bano and Mamya Shajaffar’s bold dance videos invite public's wrath Mehar Bano and Mamya Shajaffar’s bold dance videos invite public's wrath
  5. Solar panel rate sinks massively in Lahore Solar panel rate sinks massively in Lahore
  6. Iran shoots down several drones as Israel ‘launches’ attacks Iran shoots down several drones as Israel ‘launches’ attacks

Opinion

  1. Insights into the Pakistan Stock Exchange's Recent Record High Triumph
    Insights into the Pakistan Stock Exchange's Recent Record High Triumph

    By Zulfiqar Ali Mir

  2. IMEC to sabotage CPEC
    IMEC to sabotage CPEC

    By Dr Asif Channer

  3. 1947 TO FORM 47
    1947 TO FORM 47

    By Dr Asif Channer

  4. Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....
    Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....

    By Ali Ramay

  5. Global race: China will reduce its unnecessary expenses
    Global race: China will reduce its unnecessary expenses

    By Ali Ramay

  6. Channer Pir: The Great Saint of Cholistan
    Channer Pir: The Great Saint of Cholistan

    By Dr Asif Channer