World's largest Investment group with $1.9 trillion assets keen to invest in Pakistan
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ISLAMABAD - Prime Minister Imran Khan has said that a population of over 200 million, a high percentage of youth, and the unique geo-strategic location of Pakistan offer a number of opportunities to the business community.
He was talking to a delegation of Capital Group, American financial services company, which called on him at the PM Office. The delegation of Capital Group included Michael Thawley, Political Economist Capital Group, Arthur Caye, Luis Freitas de Oliveira, Ric Torres, Stephen Green, Talha Khan and Wahid Butt.
Finance Minister Asad Umar, Advisor to PM on Commerce and Industry Abdul Razak Dawood, Governor Sindh Imran Ismail, Chairman BoI Haroon Sharif and senior officials were present during the meeting. Capital Group is ranked among the world’s oldest and largest investment management organizations, with $1.89 trillion in assets under management.
Talking to the Prime Minister, Michael Thawley said that the improved security situation, policies and the seriousness of the current government towards economic revival had encouraged the company to explore business opportunities in Pakistan.
The Prime Minister, while welcoming Capital Group’s interest in Pakistan, highlighted the present government’s reform agenda and various steps being taken to provide a conducive and business-friendly environment to the investors.
He said that the government, besides focusing on improving ease of doing business, was striving for a mindset change so that the business community was facilitated to undertake lucrative business ventures. This, he continued, would enable the economy to expand and create job opportunities for the country’s youth.
