Pakistan welcomes investment from UAE: Faisal Vawda

18 Mar, 2019 10:40 pm

ISLAMABAD (92 News) – Minister for Water Resources Faisal Vawda has said that the investors are being offered one window services for facilitation in Pakistan on Monday.

He was talking to a delegation led by Sheikh Ahmed Dalmook Al Maktoum from the Royal Family of Dubai, United Arab Emirates in Islamabad. He said we welcome investment from UAE in water resources projects and other sectors.

PM invites World Bank for partnership in critical areas

Prime Minister (PM) Imran Khan has said that Pakistan looks forward to greater partnership with World Bank in critical areas including eco-tourism, mountain and religious tourism in the country.

Talking to a delegation of World Bank headed by Vice President South Asia Hartwig Schafer in Islamabad today he said that these sectors which have a huge potential towards uplift of the poor and poverty alleviation.

The prime minister highlighted various steps being taken by the government towards economic stability, poverty alleviation and improving ease of doing business in the country.

The delegation comprised of Vice President Human Development Annete Dixon, Country Director Illangovan Patchamuthu, Operations Manager Melinda Good and Senior Country Manager IFC Nadeem Siddiqui. Special Assistant of Prime Minister on Political Affairs Naeem-ul-Haq, Secretary Finance Arif Ahmed Khan and others were also present in the meeting.

The delegation appreciated Prime Minister’s vision on economic stability of the country, human development and addressing the issue of stunted growth due to malnutrition.

It briefed PM Khan about various ongoing projects of the World Bank in various sectors including water supply, sewerage and waste management, transportation and connectivity, capacity building and ease of doing business in the country.

WB’s assistance in attracting foreign investments in Pakistan

It also offered WB’s assistance in attracting foreign investments, analytics, sharing of expertise and technical knowledge in various sectors to help the Government translate its vision into reality.

Welcoming the offer, the prime minister appreciated World Bank’s continued engagement with Pakistan and its support towards capacity building, infrastructure development and economic growth.

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