Qatar Investment Authority (QIA) has expressed willingness to invest in various development projects in Pakistan. Qatar Investment Authority made this announcement during a meeting with Punjab Chief Minister Shahbaz Sharif here on Wednesday in Doha.
Federal Minister for Petroleum Shahid Khaqan Abbasi, Special Assistant to Chief Minister Dr Musadiq Malik and Ambassador of Pakistan in Qatar Shahzad Ahmed were also present on the occasion. It was decided in the meeting that a high level delegation of Qatar Investment Authority will visit Pakistan this month to discuss investment with concerned authorities.
Speaking on the occasion, the CM said that Pak-Qatar relationship is taking new dimension and Qatar government's decision will usher a new era of foreign investment in Pakistan. Meanwhile, Shahbaz also met Prime Minister of Qatar Sheikh Abdullah Bin Nasir Khalifa Althani. Promotion of bilateral relations and prospects of investment were discussed during the meeting. Qatar's PM said that stability of Pakistan is the stability of Qatar and Qatar wants to see Pakistan a peaceful and prosperous country. He said that Qatar government will welcome manpower of Pakistan open-heartedly. Shahbaz Sharif said that vast opportunities of investment exist in Pakistan. He expressed the hope that Pakistan will soon overcome terrorism completely.
Senior officials of Ministry of Petroleum and heads of investment companies of Qatar also held meetings with Chief Minister Punjab Shahbaz Sharif in Doha, in which besides co-operation in energy sector, increasing manpower from Pakistan to Qatar came under discussion. The investors of Qatar expressed their interest in investment in agriculture, energy and other sectors in Pakistan. Talking to Chief Minister Shahbaz Sharif, Qatar officials assured that Qatar will extend co-operation to Pakistan in various sectors of national development.
Speaking on the occasion, Shahbaz Sharif said that a new era of relations between both the countries will start after this visit. He said that there is a vast scope of investment in various sectors in Pakistan particularly Punjab. He said that the project of construction of LNG terminal in Karachi is being completed speedily and will be completed in a record period. Meanwhile, talking to media in Doha, Shahbaz mentioned that useful and meaningful talks were held with the leadership and senior officials of Qatar. He said that Prime Minister Nawaz Sharif gives great importance to the relations with Qatar.