UAE firms want to invest

25 Nov, 2008

Heads and chief executives of two major UAE companies including the Abu Dhabi Fund for Development and Etisalat separately called on President Asif Ali Zardari here on Monday and expressed their keenness to further invest in different fields in Pakistan.
The President appreciated their interest and assured the government's every possible support to them in setting up and expanding their businesses in Pakistan. The President briefed them about the vast business opportunities in Pakistan in diverse fields particularly infrastructure, energy and telecom as well as the government's investment-friendly policies.
Director General Abu Dhabi Fund for Development, Muhammad Saif Al-Suwaidi after his meeting with President Zardari told Pakistani media that the Fund will soon send its high level delegation to Pakistan to explore new avenues for investment in Pakistan. He said the Fund has already financed various projects in Pakistan and was keen to further invest in various development projects.
Chairman Etisalat Muhammad Hassan Omran told media person that their company already has its presence in Pakistan with huge investment in telecom sector including a 26 percent stake in PTCL and plans to invest more in different fields of economy.
He termed his meeting with President Zardari as very productive and fruitful and said the President was appreciative of the company's strong presence in Pakistan and assured full co-operation of the government to Etisalat in its plans to expand their business in the country.

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