Advisor To PM Nawaz Sharif In Dubai

Pak-Gulf investment forum to be launched

By Jamil Khan @ The Gulf Today-Sharjah, Jan 20, 2014

DUBAI: The government of Pakistan is planning to set up Pak-Gulf Investment & Business Forum to bring foreign investment in the country to install more projects and overcome the lingering issues of poverty.
The forum will have Pakistani businessmen from UAE as well as other Gulf countries to start their own projects in the country and take part in the country’s economic growth.
This was stated by Javed Malik, advisor to Nawaz Sharif, Prime Minister Pakistan for Overseas Investment and Trade while addressing a gathering of party workers and community businessmen on Saturday evening.
The reception was organised by senior leaders of UAE Chapter of Pakistan Muslim League (Nawaz).
“The prime minister has given me a huge mandate to bring overseas investment in the country and in the support of community businessmen we will bring substantial foreign investment in the country,” he said.
He pointed that the work is in full swing to establish the Pak-Gulf Investment & Business Forum and soon it will be announced.
“The board will have community businessmen from UAE and other Gulf countries and soon they will be given detail presentations from the members of Board of Investment (BoI) on the investment opportunities in the country’s every major sector. The government of Pakistan will extend its full support to the foreign investment as well as assure incentives to gain the confidence of foreign investors,” he assured.
Malik said that the country is currently facing three major problems, extremism, economy and energy crisis. “To resolve these 15-year old problems, the current government led by prime minister Nawaz  Sharif has everything in its hand but it will take time and the policies are being devising to achieve the targets,” he said.
He said that Pakistan needs long-term remedies to overcome the huge problem of energy as $2 billion worth three projects are underway and these will be completed in 2-3 years to lessen the energy crisis in the country.
However, Chaudhry Noorul Hassan Tanvir, senior party leader in the Gulf said that the government has completed its 6 months and they are hopeful the problems facing by the people will be resolved on priority basis.
End

~ by jamilkhan on January 20, 2014.

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