Rawalpindi Chamber of Commerce and Industry (RCCI) President Jalil Ahmad Malik, while welcoming the announcement of Oman to release $80 million to Pakistan for development of Gwadar Port, said that the gesture would go a long way in dispelling the fears of foreign investors.
"Pakistan and Oman can further consolidate bilateral ties in diverse areas, especially in economic, trade, investment, and defence fields," Jalil said while talking to reporters here on Tuesday.
Jalil said that Oman shares maritime boundaries with Pakistan and has cultural links with Balochistan. He said commencing of Gulf Air flights to Islamabad would encourage people-to-people contacts and facilitate in further cementing trade ties between the two countries," he said.
He said that Gwadar is turning into a hub of economic activities not only for Pakistan, but also for the entire Southeast, Central Asia and Gulf countries.
He said that the economic reforms and policies of the present government had turned Pakistan into an investor-friendly country and incentives being provided to the investors would bring huge investment in the country.