Prime Minister Nawaz Sharif arrived in Kuwait Monday on a two-day official visit.
Speaking to a delegation of the Kuwait Chamber of Commerce at Bayan Palace, the PM said Pakistan offered conducive environment for foreign investment.
“Pakistan offers an ideal and conducive environment for foreign investments,” a statement quoting the PM said. He urged that Kuwaiti business community should explore investment opportunities in Pakistan.
The premier also welcomed regional countries to join the China-Pakistan Economic Corridor.
Prime Minister Muhammad Nawaz Sharif met a delegation comprising members of Kuwait Chamber of Commerce at Bayan Palace Kuwait, today.
While highlighting key economic achievements, the PM said that Pakistan’s economy is back on track after strenuous efforts of the present government. The PM said that leading financial institutions of the world have acknowledged the tremendous achievements made by Pakistan in the areas of macroeconomic stability, GDP growth, low inflation and achieving new heights in stock exchange.
The PM 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 PM further said that mega investments are made in diverse fields of energy including hydel, thermal, coal, solar and wind. These huge investments, coupled with the dedicated team work of my government, will enable Pakistan to completely overcome the energy shortages.
The PM said that special focus is being given to building infrastructure, motorways and expressways all over Pakistan. 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 of this significant connectivity project’, emphasized the PM.
The PM said that Pakistan offers an ideal and conducive environment for foreign investments, and urged that Kuwaiti business community should explore investment opportunities in Pakistan. The PM said that the government is ensuring all possible assistance and facilitation for investors.
The meeting was attended by Shahid Khaqan Abbassi Minister Petroleum, SAPM Tariq Fatemi, Miftah Ismaeel Chairman BOI.
PM Nawaz will hold delegation-level talks with his Kuwaiti counterpart Sheikh Jaber Al Mubarak Al Hamad Al Sabah, during which important regional and international issues of mutual interest are expected to come under discussion.
Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi and Special Assistant to Prime Minister on Foreign Affairs Syed Tariq Fatemi are also accompanying the prime minister on the trip, which is part of the regular high-level exchanges between the two countries.