PM urges US Development Finance Corporation to expand investment in Pakistan’s energy, minerals, and tech sectors

WASHINGTON:  Prime Minister Shehbaz Sharif, on Friday, emphasised Pakistan’s improving macroeconomic fundamentals, the government’s commitment to structural reforms, and the country’s favourable investment climate during a meeting with Benjamin Black, CEO of the U.S. International Development Finance Corporation (DFC). 

The Prime Minister invited DFC to increase its financing for projects in energy, mining, agriculture, and information technology.

The meeting took place on the sidelines of the inaugural session of the Board of Peace, where DFC’s Head of Investments, Conor Coleman, and other senior officials from the agency were also present.

Prime Minister Shehbaz acknowledged DFC’s critical role in fostering joint ventures between the private sectors of Pakistan and the United States, which are crucial for creating jobs and boosting productivity. He also praised DFC’s portfolio, which exceeds $1 billion, and highlighted the alignment between the economic priorities of both nations, presenting ample opportunities for enhanced business-to-business (B2B) engagement.

The Prime Minister extended an invitation to DFC to participate in the upcoming Minerals Conference, which is set to take place in Islamabad in April 2026.

Benjamin Black provided the Prime Minister with an overview of DFC’s strategic initiatives and the agency’s current project pipeline in Pakistan. He expressed DFC’s interest in expanding its presence in the country, emphasizing the agency’s readiness—especially following its recent reauthorization—to support economic development in its partner nations.

In conclusion, Prime Minister Shehbaz invited Benjamin Black to visit Pakistan at his earliest convenience to explore investment opportunities across various sectors of mutual interest.