Imarat

Qatar to invest in Pakistan over the next decade

Islamabad: Qatar Investment Authority (QIA) Head Sheikh Faisal Bin Thani Al-Thani met with Adviser to PM on Commerce Abdul Razak Dawood. Qatar is planning for an investment plan of 10-15 years in Pakistan.

With a vision to have a long-term economic and strategic relationship between both nations, the meeting reaffirmed commitment and discussed projects.

A keen interest was shown in the Naya Pakistan Housing Project. The Qatari delegation also showed willingness in supporting the China-Pakistan Economic Corridor (CPEC) investments. Other areas include aviation, tourism, infrastructure development, power generation, water management and agricultural industries all across the country.

While private companies are exploring trade and investment opportunities aggressively, Dawood has shown hope in the expansion of bilateral economic relations. Qatari companies have signed several agreements with Pakistan for import of goods including fruits, vegetables, poultry and more.

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