DOHA: Qatar’s Minister of Commerce and Industry Ali Bin AhmedAl-Kuwari on Sunday said that they were ready to invest in Pakistan and added that Qatar was open to provide a platform to the Pakistani investors to use their market for business both inside and outside Qatar.
This he said during Pakistan – Qatar Trade and Investment Conference held in Qatar today. The Conference was attended by Qatar’s Minister of Commerce and Industry Mr. Ali Bin AhmedAl-Kuwari and his Pakistani counterpart Abdul Razzaq Dawood, Advisor to the Prime Minister on Commerce.
According to a statement released from the ministry, Ali Bin Ahmed Al-Kuwari welcomed Pakistani delegates and told that there were approximately 1450 companies mutually owned by businessmen from both sides.
He expressed his desire to further the relationship of both sides in trade and investment through regular business exchanges, trade expose and official engagements.
Abdul Razzaq Dawood said that Pakistan had become a sought after destination for investment due to government’s recently carved out investor friendly policies.
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He also elaborated these policies of the government and lucrative incentives being provided to the foreign investors. Highlighting the recent economic stability and progressive on-going economic activities in the wake of CPEC; he stated that Pakistan had emerged as an ideal market for investment. Furthermore, he was of the view that improved security situation has also motivated foreign investors for their safe investments in Pakistan.
He stated that trade volume between Pakistan and Qatar can be enhanced through increased business engagements. The encouraged Qatari investors to invest in Pakistan mainly in the areas related with real estate, hospitality, petro-chemical, food and agriculture etc.
