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Singaporean Businessmen Express Desire to Invest in Various Sectors of Pakistan

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A delegation of Singaporean businessmen met Finance Minister Asad Umar and other representatives of the government on Thursday to express their keen interest in investing in various sectors of Pakistan.

“Pakistan holds Singapore in high esteem and we welcome businessmen from the country to invest in the various sectors of Pakistan,” said the finance minister during his meeting with the delegation.

Asad Umar informed the delegation that the PTI government was serious in promoting investment by ensuring that foreign and local investors made profits.

“More business-friendly steps have been envisaged for budget 2019-20,” he informed the delegation.

The chairman of the delegation welcomed the Pakistani government’s resolve to make life easy for foreign investors.

Chairman of Middle East Business Group, who was leading the delegation, said that he was impressed by the new government’s resolve to facilitate and encourage businessmen from other countries.

“The delegation expressed keen interest to invest in infrastructure, healthcare, airports and ports management and other sectors,” stated Radio Pakistan’s website. “The delegation was also apprised of investment opportunities in different special economic zones across the country.”

Ever since forming the government, Prime Minister Imran Khan has stressed on the need for boosting foreign investment in Pakistan. The prime minister has laid stress on promoting economic growth through local and foreign investment which would in turn, lead to wealth creation.

Heeding the premier’s instructions, the government has created several ‘Ease of Business’ offices throughout the country to facilitate foreign investors and encourage them to invest their capital in Pakistan.

Recently, Crown Prince Mohammad bin Salman arrived in Islamabad on a two-day visit to Pakistan. The crown prince signed MoUs and cooperation agreements with the government of Pakistan which amounted to $20 billion.

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