Pakistan to attract 60 billion investment

Pakistan to attract 60 billion investment

Caretaker Prime Minister Anwaar ul Haq Kakar has expressed optimism aboutPakistan’s potential to attract substantial investments, foreseeing aninflux of sixty to seventy billion dollars over the next three to fiveyears. During a discussion with senior journalists and anchorpersons inIslamabad, he also highlighted the existence of commitments for additionalinvestments, nearly matching the aforementioned figures. Kakar emphasizedthe need for the country to formulate and present a diverse range ofprojects to harness these investments effectively.

Furthermore, he underscored the substantial appetite for investment inPakistan, emphasizing the nation’s attractiveness to potential investors.The caretaker Prime Minister elaborated on the efforts of the SpecialInvestment Facilitation Council, which has introduced a dedicated websiteto provide up-to-date information on ongoing joint ventures and identifyareas ripe for future investments.

Kakar detailed the council’s initiative, aimed at unlocking the untappedpotential in various sectors, including mines and minerals, agriculture,Information Technology, and defense production. Notably, he disclosed thatsome estimates value Pakistan’s mineral wealth at an astounding five to sixtrillion dollars, with the reserves at Reko Diq alone accounting for astaggering seven hundred billion dollars. This revelation signals thecountry’s determined march toward realizing its formidable resourcepotential.

In conclusion, Caretaker Prime Minister Anwaar ul Haq Kakar’s remarksilluminate the bright prospects for Pakistan’s economy. With substantialinvestment opportunities on the horizon and the government’s commitment tofacilitating investments in key sectors, the nation stands poised toharness its vast mineral wealth and foster economic growth in the comingyears. The dedication to transparency through the Special InvestmentFacilitation Council’s website promises a more accessible and attractiveenvironment for both local and foreign investors, further strengtheningPakistan’s position on the global economic stage.