Aurangzeb, PM’s privatisation czar in UK to woo investors

Published
0
Finance Minister Muhammad Aurangzeb arrives in London, May 6, 2025. — X/@PakistaninUK
Finance Minister Muhammad Aurangzeb arrives in London, May 6, 2025. — X/@PakistaninUK

ISLAMABAD: Finance Minister Muhammad Aurangzeb and Adviser to Prime Minister on Investment Muhammad Ali arrived in London on Tuesday for talks with global financial leaders as Pakistan looks to attract investors to boost the economy.

The two-day visit will include engagements with top global investors and financial institutions to accelerate foreign direct investment, according to the Privatisation Commission.

The two officials will meet executives from top investment advisory firms, including TTB Partners, STJ Partners; Deutsche Bank, Berenberg Bank; and asset manager Amundi Fund Group.

The finance minister and the privatisation adviser will share Pakistan’s privatisation roadmap and its “potential as a hub for strategic, long-term investment”.

Scheduled to meet top officials of govt, banks, investment firms

They will also participate in the ‘Pakistan Access Day’ — an investment round-table conference hosted by renowned investment banking firm, Jefferies on May 8.

The exclusive event will offer a “powerful platform to showcase Pakistan’s robust investment landscape, ongoing economic reforms, and the government’s unwavering commitment to transparency and investor confidence”, the commission said in a statement.

Mr Ali said the visit would “build trust, forge partnerships, and demonstrate that Pakistan is open for business with a clear agenda for growth, stability, and opportunity.”

Aurangzeb’s meetings

Finance Minister Aurangzeb will also attend a round-table discussion with UK-based technology investors, focusing on opportunities in the fields of artificial intelligence, mining and healthcare.

The finance ministry said Mr Aurangzeb’s visit was aimed at strengthening economic ties, attracting foreign investment, engaging with British government officials, global financial institutions and business leaders in the UK.

The finance minister will meet senior officials of the Treasury department, including Financial Secretary to the Treasury Lord Livermore.

He will also visit the Foreign, Commonwealth and Development Office for a meeting with Leo Docherty, the UK’s parliamentary under-secretary of state for the Middle East, Afghanistan and Pakistan.

Mr Aurangzeb is also scheduled to meet Richard Hughes, chair of the UK’s Office for Budget Responsibility and visit the Bank of England headquarters for talks with Governor Andrew Bailey and senior officials. He will also meet senior executives of Deutsche Bank, Standard Chartered Bank and British corporate leaders, including Simon Baugh, the chief executive of the UK Government Communication Service; Marcus Hall, the head of Cargill Global Trading UK; and representatives from British American Tobacco.

Published in Dawn, May 7th, 2025

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...
Terror and politics
Updated 29 Sep, 2026

Terror and politics

There is an urgent need to tone down the rhetoric and tackle terrorism as a collective challenge for both the affected provinces and the federation.
Watching the glaciers
29 Sep, 2026

Watching the glaciers

THE latest signs from Pakistan’s mountains are worrying. Suparco says the number of unfrozen glacial lakes it...
Dangerous agenda
29 Sep, 2026

Dangerous agenda

AS the world remains fixated on the US-Iran conflict, elsewhere in the Middle East, Israel is consolidating its grip...