KUWAIT: Prime Minister Nawaz Sharif has said that Pakistan offers an ideal and conducive environment for foreign investments, and urged that Kuwaiti business community should explore investment opportunities in Pakistan.
In a meeting with a delegation comprising members of Kuwait Chamber of Commerce at Bubyan Palace in Kuwait on Monday, the prime minister said that the government is ensuring all possible assistance and facilitation for investors.
While highlighting key economic achievements, the prime minister said that Pakistan’s economy is back on track after strenuous efforts of the present government.
The prime minister said that leading financial institutions of the world have acknowledged the tremendous achievements made by Pakistan in the areas of macroeconomic stability, Gross Domestic Product (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.
The prime minister r further said that mega investments are made in diverse fields of energy including hydel, thermal, coal, solar and wind. He said that these huge investments, coupled with the dedicated team work of my government, will enable Pakistan to completely overcome the energy shortages.
Sharif said that special focus is being given to building infrastructure, motorways and expressways all over Pakistan.
The prime minister said that 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 if this significant connectivity project,” he emphasized.
Earlier in the day, the prime minister accompanied by Minister of Petroleum and Natural Resources Shahid Khaqan Abbasi, his Special Assistant on Foreign Affairs Syed Tariq Fatemi and Chairman Board of Investment (BOI) Miftah Ismail arrived in Kuwait on a two-day visit.
The prime minister was received at Kuwait International Airport by Advisor to the Kuwaiti Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah, Sheikh Salem Al Jaber, and other senior officials.
