Pakistan can attract $30 billion investment from muslim countries
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ISLAMABAD – Prime Minister’s Special Representative for Interfaith Harmony and Middle East Hafiz Tahir Mehmood Ashrafi on Tuesday said Pakistan could attract around $30 billion investment from the Islamic world by promoting ease of doing business.
Talking to media, Ashrafi who is on an official visit to Qatar these days, said Pakistan was focusing on trade and investment instead of loan or aid. He said the friendly countries such as; Qatar, Saudi Arabia and United Arab Emirates (UAE) were providing assistance to Pakistan in a bid to get rid of the prevailing economic crisis.
He said Pakistan was expecting $2 billion from Qatar in bilateral support to help ease the South Asian nation’s funding crunch and the consequent risk of a default adding it would also get $1 billion in oil financing from Saudi Arabia and a similar amount in investments from the UAE.
Ashrafi said it was a matter of pride for Pakistan that it would provide troops for security of the Federation Internationale de Football Association(FIFA) World Cup in Qatar later this year.
