PM invites foreign investors to explore economic, trade potential in Pakistan

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi, on Monday, while speaking to a delegation of the International Federation of Freight Forwarders Associations (FIATA) headed by its President Babar Badat at the Prime Minister’s Office invited foreign investors to explore Pakistan’s economic and trade potential.

He said that after the successful completion of the China Pakistan Economic Corridor (CPEC) project, Pakistan will serve as a hub for enhancing regional trade and connectivity for land-locked Afghanistan and the Central Asian states.

“CPEC has opened up new vistas of opportunities not only for Pakistan but for the entire region, which must be utilised for creating a win-win situation.

Minister of State for Industries and Production Sardar Muhammad Arshad Khan Laghari was also present during the meeting.

The delegation included Huxiang Zhao, ex-president FIATA, Robert A Voltman, Francesco S Parisi, Ivan Petrov, Basil Pietersen, Turgut Erkeskin and Hans Gunther.

Welcoming FIATA delegation, the prime minister said that the growing economy of Pakistan with a growth rate of around 5.5 per cent, offered huge business opportunities in diverse areas including logistics and transport sector.

“With an addition of over 1,800 km of six-lane motorways and various other highways and expressways, Pakistan’s huge road infrastructure could be utilised by the logistics companies for not only catering to the domestic requirements of a growing economy but of the entire region,” he further commented.

Babar Badat and his delegation said that FIATA is keen to expand its footprints in Pakistan in the view of huge business opportunities after the construction of huge road infrastructure under the umbrella of CPEC project.

The prime minister assured the delegation that the government will provide every possible support to FIATA in undertaking profitable business ventures in the country.

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