SINGAPORE, May 11: Prime Minster Shaukat Aziz on Wednesday urged Singaporean investors to take advantage of the numerous investment opportunities offered by Pakistan and develop stronger economic bonds between the two countries. The Prime Minister was talking to a delegation of investors from the Temasek Holdings Inc., who called on him here at his hotel.

The meeting was also attended by Minister for Ports and Shipping Babur Ghauri and Minister for Industries Jehangir Tareen, Chairmen Board of Investment and Export Promotion Bureau. Temasek Holding is already in Pakistan and is known as sophisticated and professional investors.

Madam Ho Chinn, CEO of Temasek and wife of Prime Minister Lee Hsien Loong along with a 16-member delegation from Singapore Airlines, Singapore Telecom, Shipyard Neptune, Singapore Port Authority, Shipping Companies, Power Generation, Chairman of DBS Bank, the largest development bank, met the Prime Minister to discuss investment prospects in Pakistan.

The shipping company is already active in Pakistan while Singtel has stakes in privatization of PTCL. It has also invested in NIB and is exploring other potential investment opportunities. The Prime Minister invited IT, telecom, financial services sector, logistics and Port Management to create an even more efficient in flow and out flow of goods from Pakistan through its ports, land and railways.

They complimented Pakistan on its reforms and stated they were looking for consistency and continuity of policies. The Prime Minister assured the delegation that there would be no U-turns and the government strongly believes in this policy. The Prime Minister also invited them to Pakistan to see the investment opportunities for investors.

Temasek Holdings is an Asia investment company headquartered in Singapore and manages a diversified global portfolio of $90 billion, spanning Singapore, Asia and the OECD economies.

ITs investments are in a range of industries: telecommunications and media, financial services, property, transportation and logistics, energy and resources, infrastructure, engineering and technology, as well as pharmaceuticals and biosciences.

The Temasek-linked companies (TLCs) include Singapore listed blue-chip brand names such as Singapore Airlines, SingTel, DBS Bank, SMRT Corporation and Neptune Orient Lines. Industrial stalwarts include PSA International, Singapore Power, Keppel Corporation and SembCorp Industries. Technology companies such as Chartered Semiconductor Manufacturing and STATS ChipPAC are dual-listed in Singapore and the US. Our Wildlife Reserves Singapore operates the world renowned Singapore Zoo, Night Safari and the Jurong Bird Park.

It has recently invested in ICICI Bank, Matrix Laboratories and the Apollo Hospital group in India, Bank Danamon and Bank Internasional Indonesia in Indonesia, Quintiles Transnational Corp in the US, as well as Telekom Malaysia. —APP