Al Habtoor lauds investment scenario in Pakistan

08 Aug, 2006

Al Habtoor Group Chairman, Sultan Al Habtoor said Pakistan offers best investment opportunities in the region under the dynamic leadership of General Pervez Musharraf and Prime Minister Shaukat Aziz.
According to a press release issued here on Monday, he said this while talking informally to leaders of the corporate world and financial sectors, gathered at a dinner hosted in his honour in Karachi by Saad Zaman, CEO Dubai Islamic Bank.
Al Habtoor Group, a known name in the UAE business community, has grown tremendously in the past thirty years, and while best known for construction, it is now recognised internationally through hotels, real estate, education, insurance, automobile dealership and publishing.
It is one of the UAE's most successful business corporations that also operate in the Middle East and the UK, the statement said. Commenting on the investment scenario in Pakistan, Sultan Al Habtoor said: "Investment from abroad and even within the country can only progress and prosper if continuity of policies is guaranteed both at the micro and macro levels." "Short-term benefits offered by any economy today, are the biggest impediment in the way of investments that are long-term oriented."-PR

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