Kuwaiti business community should explore investment opportunities in Pakistan: PM

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Monday said Pakistan offers an ideal and conducive environment for foreign investments, and urged that Kuwaiti business community should explore investment opportunities in Pakistan.

“The government is ensuring all possible assistance and facilitation for investors,” he said in a meeting with a delegation comprising members of Kuwait Chamber of Commerce at Bubyan Palace Kuwait.

While highlighting key economic achievements, the prime minister said that Pakistan’s economy is back on track after strenuous efforts of the present government.

He said that leading financial institutions of the world have acknowledged the tremendous achievements made by Pakistan in the areas of macroeconomic stability, GDP growth, low inflation and achieving new heights in stock exchange.

Nawaz Sharif said that his government has largely overcome the issue of power shortages and the country’s industrial sector is provided uninterrupted supply of electricity.

He further said that mega investments are made in diverse fields of energy including hydel, thermal, coal, solar and wind.

“These huge investments, coupled with the dedicated team work of my government, will enable Pakistan to completely overcome the energy shortages,” he said.

The PM said that special focus is being given to building infrastructure, motorways and expressways all over Pakistan. China Pakistan Economic Corridor (CPEC) alone has the potential to accelerate trade and business activities in the entire region. We are welcoming countries of the region to join CPEC and reap the benefits of this significant connectivity project, he said.

Minister Petroleum Shahid Khaqan Abbassi, Special Assistant to Prime Minister Tariq Fatemi and Chairman Board of Investment Miftah Ismail.