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Qatar Investment Authority keen to invest in Pakistan’s multiple sectors

admin-augaf by admin-augaf
September 7, 2022
in Business, Finance, International
Reading Time: 2 mins read
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Qatar Investment Authority keen to invest in Pakistan’s multiple sectors

Qatar Investment Authority keen to invest in Pakistan’s multiple sectors

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Doha September 7 2022: Chief Executive Officer (CEO), Qatar Investment Authority, Sheikh Faisal bin Thani al-Thani has shown keen interest to invest in Pakistan’s different sectors especially energy, airport and infrastructure and others.

Two weeks ago, Qatar Investment Authority (QIA) showed its intention to invest USD 3 billion in various commercial and investment sectors in Pakistan during Prime Minister Shahbaz Shareef visit of Qatar.

“Held a very productive meeting with HH Sheikh Tamim bin Hamad Al-Thani, Emir of Qatar. We have decided to take our excellent bilateral relations to the next level of strategic engagement. Grateful to HH Emir for Qatar’s investment of $3 billion in various sectors of our economy.” says Prime Minister on his return.

The bilateral ties were discussed in a virtual meeting between Minister for Finance and Revenue Miftah Ismail and CIO – Africa & APAC, CEO Qatar Investment Authority, Sheikh Faisal bin Thani al Thani.

The minister welcomed the proposals of Qatar Investments Authority’s plan to invest in various fields while assuring them of government’s full cooperation and facilitation, said a finance division press release.

Miftah highlighted the potential investment avenues available in Pakistan and shared that present government was undertaking a number of structural reforms for facilitating the foreign investment in Pakistan.

Minister for Privatization/ Chairman Privatization Commission Abid Hussain Bhayo, Coordinator to Prime Minister on Economy Bilal Azhar Kayani, and other senior officers also attended the meeting.

Tags: IMF programInvestmentQatar Investment Authority
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