Qatar’s $445 Billion Qatar Investment Authority (QIA) is considering aninvestment of up to $3 billion in key sectors of Pakistan’s economy,according to Bloomberglink.
According to details, the major chunk of the investment will be in thecountry’s Islamabad and Karachi airports. The renewable energy and powersectors and hospitality industry could also attract sizeable investment.
Bloomberg says that the $3 billion investment could overlap with the $2billion bilateral support the Gulf country has already planned.
Prime Minister Shehbaz Sharif, accompanied by several ministers, iscurrently on a two-day official visit to Qatar. On Tuesday, the premiermet with a delegation of the Qatar Investment Authority (QIA), one of thelargest sovereign wealth funds in the world.
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The prime minister invited the Qatari side to invest in Pakistan’s energy,aviation, agriculture and livestock, maritime, tourism, and hospitalitysectors. He also urged Qatari investors to explore the opportunitiespresented by the China-Pakistan Economic Corridor to promote regionalconnectivity and mutual prosperity.
