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Satyendra Pathak
Doha
Pakistan Prime Minister Imran Khan, who is on a two-day visit to Qatar, has urged Qatari businessmen to invest in all sectors of Pakistan’s economy including energy, petroleum and petrochemicals, agricultural research, food processing, culture, tourism, education and infrastructure development.
“There are opportunities galore for Qatari investors in Pakistan,” he said.
In his meetings with Qatar Chamber officials and top Qatari businessmen, Khan invited Qatari public and private sectors to become partners in his government’s drive for construction of 5 million low -cost housing units over the next five years.
During the meetings, which reviewed ways of enhancing trade co-operation and investment opportunities available in both countries, Khan also discussed the possibility of establishing joint projects between Qatari and Pakistani businessmen,especially in food and industry sectors.
Highlighting the deep-rooted relationship between the two countries, Khan said that Pakistan was eager to further strengthen the ties with Qatar in all aspects.
Qatari business leaders expressed great interest in investing in Pakistan and took stock of various ready-to-invest projects in the country.
Qatar Chamber Chairman Sheikh Khalifa bin Jassim al Thani, who led the Qatari delegation, said that Qatari businessmen were very eager to take part in various projects of Pakistan.
Highlighting growing trade ties between the two countries, he said, “The trade volume between Qatar and Pakistan grew 100 percent from $782 million in 2016 to $1.6 billion in 2017. It registered a further growth of 12.5 percent during the first nine months of 2018 reaching $1.8 billion.”
“This significantly reflects how the trade ties between the countries developed, especially after the launch of a maritime route between Hamad Port and Pakistan’s Karachi Port, which contributed to the increase in import and export movement between the two countries,” Sheikh Khalifa said.
He said that there was an immense scope for Pakistani companies to establish joint ventures and commercial alliances with Qatari firms in all sectors, especially in food and agricultural sectors.
Quoting the latest figures of Qatar Chamber, he “There are 1,250 Qatar-Pakistan joint companies currently operating in Qatar in different sectors.”
Haling Pakistani expatriates in the development of Qatar, he said, “There is a big Pakistani community working in Qatar and they have played a vital role in the economic boom Qatar is witnessing today.”
“Qatar Chamber welcomes Pakistani firms to participate in the projects which are being implemented in Qatar. It also encourages businessmen from both sides to establish partnerships that serve both economies,” he said.
The Pakistan prime minister also met with Qatari Businessmen Association (QBA) Chairman Sheikh Faisal bin Qassim al Thani to discuss various investment opportunities for Qatari businessmen in Pakistan.
Qatar Chamber Board Member Mohamed bin Ahmed al Obaidli, who also attended the meeting, told Qatar Tribune that possibility to set up various joint ventures especially in food and manufacturing were discussed during the meeting.
He said that a large delegation of Qatari businessmen and investors would soon visit Pakistan to take stock of the various opportunities for trade and investment in the country.
“Our last visit to Pakistan yielded very positive results. We expect the same this time,” he said.
Doha
Pakistan Prime Minister Imran Khan, who is on a two-day visit to Qatar, has urged Qatari businessmen to invest in all sectors of Pakistan’s economy including energy, petroleum and petrochemicals, agricultural research, food processing, culture, tourism, education and infrastructure development.
“There are opportunities galore for Qatari investors in Pakistan,” he said.
In his meetings with Qatar Chamber officials and top Qatari businessmen, Khan invited Qatari public and private sectors to become partners in his government’s drive for construction of 5 million low -cost housing units over the next five years.
During the meetings, which reviewed ways of enhancing trade co-operation and investment opportunities available in both countries, Khan also discussed the possibility of establishing joint projects between Qatari and Pakistani businessmen,especially in food and industry sectors.
Highlighting the deep-rooted relationship between the two countries, Khan said that Pakistan was eager to further strengthen the ties with Qatar in all aspects.
Qatari business leaders expressed great interest in investing in Pakistan and took stock of various ready-to-invest projects in the country.
Qatar Chamber Chairman Sheikh Khalifa bin Jassim al Thani, who led the Qatari delegation, said that Qatari businessmen were very eager to take part in various projects of Pakistan.
Highlighting growing trade ties between the two countries, he said, “The trade volume between Qatar and Pakistan grew 100 percent from $782 million in 2016 to $1.6 billion in 2017. It registered a further growth of 12.5 percent during the first nine months of 2018 reaching $1.8 billion.”
“This significantly reflects how the trade ties between the countries developed, especially after the launch of a maritime route between Hamad Port and Pakistan’s Karachi Port, which contributed to the increase in import and export movement between the two countries,” Sheikh Khalifa said.
He said that there was an immense scope for Pakistani companies to establish joint ventures and commercial alliances with Qatari firms in all sectors, especially in food and agricultural sectors.
Quoting the latest figures of Qatar Chamber, he “There are 1,250 Qatar-Pakistan joint companies currently operating in Qatar in different sectors.”
Haling Pakistani expatriates in the development of Qatar, he said, “There is a big Pakistani community working in Qatar and they have played a vital role in the economic boom Qatar is witnessing today.”
“Qatar Chamber welcomes Pakistani firms to participate in the projects which are being implemented in Qatar. It also encourages businessmen from both sides to establish partnerships that serve both economies,” he said.
The Pakistan prime minister also met with Qatari Businessmen Association (QBA) Chairman Sheikh Faisal bin Qassim al Thani to discuss various investment opportunities for Qatari businessmen in Pakistan.
Qatar Chamber Board Member Mohamed bin Ahmed al Obaidli, who also attended the meeting, told Qatar Tribune that possibility to set up various joint ventures especially in food and manufacturing were discussed during the meeting.
He said that a large delegation of Qatari businessmen and investors would soon visit Pakistan to take stock of the various opportunities for trade and investment in the country.
“Our last visit to Pakistan yielded very positive results. We expect the same this time,” he said.
