Expats asked to invest in Pakistan

Published September 23, 2003

ISLAMABAD, Sept 22: Finance Minister Shaukat Aziz has urged Overseas Pakistanis to actively invest in Pakistan.

According to a message received here Mr. Aziz was speaking at a large gathering of the Pakistani community in Dubai. He said that overseas Pakistanis were an asset for the country and their remittances through banking channels had helped Pakistan achieve self-reliance and economic sovereignty.

He said Pakistan was on a path of economic reform and improvement and “we are no longer vulnerable to balance of payment pressures.”

The finance minister urged the community to invest in Pakistan, serve as ambassadors for Pakistan and attract more Pakistanis for jobs in UAE. Pakistanis who are already working in UAE can be the best conduits for attracting more Pakistanis to work in the UAE.

He also stated that Pakistan has a bright future and overseas Pakistanis were important stakeholders in building a stronger Pakistan by sending remittances via banks, undertaking investments and projecting the country‘s image in their host country.

The community raised some demands of better visa and customs facilities and the minister assured them his full support in solving problems of overseas Pakistanis. The community meeting was hosted by the Pakistan Association and was attended by Pakistan‘s consul general Amanullah Larik and community members for Dubai and neighbouring emirates.

APP adds: Addressing an investment conference, organized by Euromoney, on “Pakistan: Investment Destination”the finance minister said Pakistan represents attractive investment destination due to consistency and continuity of policies and improvement in macroeconomic situation, structural reforms and improved governance.

The minister stated several key sectors, like agro-based industry, telecommunications, information technology, textiles, engineering, housing and real estate development represent attractive potential.

Opinion

Editorial

Doctor attacked
09 Jun, 2026

Doctor attacked

AN act of reprehensible violence has shaken the medical community. On Saturday, an employee of the Provincial Civil...
AJK flare-up
Updated 09 Jun, 2026

AJK flare-up

The situation started deteriorating after a trader affiliated with the JAAC was reportedly shot in an altercation with law-enforcers.
Fault lines
09 Jun, 2026

Fault lines

THE April 8 ceasefire that halted hostilities between Israel and Iran has encountered its most serious test yet....
Soft on traders
08 Jun, 2026

Soft on traders

THE Fixed Tax Asaan Scheme for traders with an annual turnover of up to Rs200m has been designed as a ‘pragmatic...
Ceasefire in name
Updated 08 Jun, 2026

Ceasefire in name

Both sides accuse the other of violating the truce that was supposed to halt the conflict in April, yet neither appears willing to abandon negotiations altogether.
Damaged childhoods
08 Jun, 2026

Damaged childhoods

CHILD abuse is so prevalent that the UN ranked Pakistan as the least safe country for children. Even so, more than...