DOHA, NOV 1: Prime Minister Shehbaz Sharif on Friday highlighted Pakistan as an attractive investment destination in a meeting with the delegation of Qatar Businessmen Association (QBA) during his official visit.
After securing investment pledges worth $600 million during his Saudi Arabia trip, the prime minister made a two-day official visit to Doha at the invitation of Sheikh Tamim bin Hamad Al Thani, the Qatari emir.
On Thursday, PM Shehbaz held a “very extensive and productive” meeting with his Qatari counterpart Sheikh Mohammed bin Abdulrahman Al Thani, and invited investors there to explore Pakistan’s diverse economic sectors.
He also met the Qatari emir and visited the ‘Manzar’ art gallery showcasing Pakistani artists’ works.
According to a Press Information Department (PID) press release issued today, PM Shehbaz met the QBA delegation “to discuss deepening economic ties and exploring new avenues for collaboration”.
The delegation, led by QBA Chairman Sheikh Faisal Bin Qassim Al Thani, comprised leading Qatari business figures, each representing influential sectors within the Gulf country’s economy.
The premier “highlighted the numerous opportunities in sectors such as energy, infrastructure, and finance, presenting Pakistan as an attractive investment destination”, the PID statement read.
It further said the delegates “expressed interest in Pakistan’s economic landscape and, in particular, in upcoming projects in energy, technology, and infrastructure development”.
“During the meeting, both sides explored potential collaborations that could drive job creation, innovation, and sustainable development in both countries,” the PID said.
According to the statement, the delegation “responded positively to the prime minister’s invitation, indicating their interest in expanding their investments into Pakistan’s energy and infrastructure sectors”.
The importance of bilateral cooperation to bolster economic stability and growth within the region was also underscored, the statement highlighted.
Notable members of the delegation included the chief executive officers (CEO) of Al Mana Group and Blue Salon; the executive director of Mannai Corporation, the regional chairman of Deutsche Bank; the chairman of Mansoor Jassim Al Thani Group; and the director of Sendian Group.
Deputy Prime Minister Ishaq Dar, Finance Minister Mohammad Aurangzeb, Defence Minister Khawaja Asif, Commerce Minister Jam Kamal Khan, and Information Minister Attaullah Tarar were also present during the meeting.
Later, PM Shehbaz departed from Doha International Airport, where he was seen off by Qatar’s Minister of State for reconciliation Muhammed bin Abdulaziz Al-Khulaifi, to return to Pakistan.
Qatar to invest $3 billion, says info minister
Information Minister Attaullah Tarar has said that Qatar pledged to invest $3 billion in Pakistan’s economy, state-owned Radio Pakistan reported.
During a press conference, the information minister said that Qatar and Pakistan have agreed to enhance cooperation in sectors including trade, investment and culture.
Regarding the visit, the minister said that the two countries will boost ties in energy, mines and minerals, adding that a delegation from Qatar will visit soon.
Furthermore, he said that Qatar’s pledged investment of $3bn “will further strengthen Pakistan’s economy”.
