Lucrative investment policies to achieve growth targets: Khusro


Islamabad, Oct 31 (31): Planning Minister Makhdum Khusro Bakhtyar says Pakistan offers investment friendly policies to put the national economy on growth trajectory for achieving its socio-economic targets.

He was talking to United Arab Emirates Ambassador Hamad Obaid Alzaabi in Islamabad on Wednesday.

The Minister said energy sector of Pakistan offers huge investment potential especially petrochemicals and hydel energy generation and UAE can benefit from investing in these areas.

The Minister appreciated UAE’s investment in PARCO and hoped that more avenues will be explored to further bilateral economic cooperation. He said Pakistan will fully participate in EXPO 2020 being organized by UAE, which will provide an opportunity to both countries to identify areas for future cooperation in diverse sectors.

The Minister noted that a large Pakistani diaspora in UAE is contributing in the development of the country and acting as a bridge between the two countries. He expressed optimism that UAE will also consider initiating humanitarian projects in South Punjab.

The Ambassador expressed confidence that bilateral relations will be taken to new heights in future.