Pakistan best suited country for foreign investment: Nafees Zakaria
Owing to its geo-strategic location and abundant human and natural resources, Pakistan is best suited country for foreign investment and doing business. This was stated by High Commissioner Mohammad Nafees Zakaria at a book launch at the High Commission on 02 December 2019. The Book entitled “100 Performing CEOs, Leaders & Companies of Pakistan 2019” has been compiled by “CEO Club Pakistan” headed by Mr Ijaz Nisar. It celebrates the achievements of 100 successful CEOs of Pakistan.
Welcoming the lead business figures in attendance, the High Commissioner commended Mr Ijaz Nisar for his initiative of bringing out the book on high achiever CEOs and creating awareness about economic opportunities in Pakistan.
The High Commissioner said Pakistan is sitting at the confluence of four important regions, i.e. Central Asia, West Asia, South Asia and North-West China in the continent of Asia hosting more than half of world’s population. This unique geo-strategic location makes Pakistan to be one of the best destinations for the foreign investment, he added. Besides Special Economic Zones being established under China Pakistan Economic Corridor (CPEC) and others, he identified a number of priority sectors for foreign investment, including tourism infrastructure development, IT, Fintech, Dairy, Halal Products, Minerals & Mines, Petro-chemicals and Petroleum, Oil &Gas, Textiles, Auto industry, Light Engineering, Agriculture and Livestock. He then briefly gave some information about opportunities in IT and other sectors.
Mr Zakaria reiterated his offer to provide help and advice for the foreign investors and Diaspora interested to invest in Pakistan. He said the High Commission could provide all the requisite information and data for the investors. Mr Zakaria called upon the Diaspora to take advantage of the attractive investment regime and ease of doing business in Pakistan.
Sahibzada Jahangir, Prime Minister’s Spokesman on Trade and Investment for the UK and Europe also shared his views and highlighted Government’s economic reforms agenda. He said after initial difficulties, Pakistan economy is on the upward trajectory as Moody’s also improved its rating to “stable” economy. He emphasized on pro-active marketing of Pakistani products and trade facilitation for the international importers and exporters.
Mr Aneel Musarrat and other speakers also shared their perspectives on lucrative Pakistani market and investment opportunities therein.
Mr Ijaz Nisar gave an overview of the activities of the CEO Club Pakistan in producing effective CEOs for Pakistani businesses. The book was also presented to a number of top CEOs, entrepreneurs, business leaders and leading women of Pakistan. More than 100 CEOs, business leaders, policy makers, investors and entrepreneurs attended the event.
