*ISLAMABAD – Pakistan has been categorised among the top fastest growingnations of the World.*
*Pakistan will be among six fastest growing economies of the world by 2030,Overseas Investors Chamber of Commerce and Industry’s President Irfan WahabKhan told a group of journalists on Thursday, referring to a report byHSBC, one of the world’s largest banking and financial services company. *
Wahab, who is also the CEO of Telenor Pakistan, a Norwegian telecoms giant,was briefing business journalists about OICCI’s role in promoting ForeignDirect Investment and recent economic developments affecting FDI and theoverall business environment.
“The doom and gloom scenario that is being portrayed about Pakistan is notjustified,” Wahab said referring to the opportunities Pakistan-basedforeign investors see in the country.
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Pakistan has a large population and only 35% is urbanised, which willincrease to 50% by 2020, the Telenor chief said with a particular emphasison the country’s rising middle class, one of the largest in the world.
Unlike many other countries, the market here has not saturated yet,especially for consumer goods and services companies, which offeropportunities.
