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IHIG to invest $118m in tourism, hospitality sectors

Updated March 22, 2019

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IHIG has acquired 2 hotels in Shogran and Bhurban to elevate standards of developing tourism industry. ─ Photo by Jawad Chaudhry
IHIG has acquired 2 hotels in Shogran and Bhurban to elevate standards of developing tourism industry. ─ Photo by Jawad Chaudhry

KARACHI: International Hospitality Investment Group (IHIG) is set to invest $118 million in the country’s tourism and hospitality sectors.

IHIG Chief Executive Noor-ul-Asif and Chairman Alun Richards met with the Board of Tourism Chairman Zulfi Bukhari, Special Adviser to Prime Minister Naeem ul Haq and Board of Investment Chairman Haroon Sharif at the Prime Minister’s Secretariat on Thursday to discuss investment prospects.

Moreover, IHIG has already acquired two hotels in Shogran and Bhurban to elevate the standards of this developing industry.

Richard, during the meeting, remarked that, “I have spent half of my childhood in Pakistan. Over the recent years, the perception of this beautiful country has changed positively, among the global community.”

Published in Dawn, March 22nd, 2019