ISLAMABAD, Caretaker Prime Minister Anwaar-ul-Haq Kakar has called on United Arab Emirates (UAE) investors to explore new opportunities in the Pakistani market and strengthen economic and commercial ties. In an interview with Gulf Today, he highlighted various sectors ripe for investment.
According to Ministry of Information and Broadcasting, Prime Minister Kakar discussed the deep-rooted, cultural, and fraternal ties between Pakistan and the UAE. He pinpointed sectors like agriculture, energy, mining, information technology, logistics, and defense as potential areas for enhanced cooperation.
The Prime Minister also revealed Pakistan’s plans for a comprehensive investment promotion strategy in key countries, including the UAE. He referred to the Pakistan Investment Road Show in Dubai, organized by the Special Investment Facilitation Council (SIFC), which drew significant global business and investor interest. The event featured extensive engagements with global investors and presentations by 30 Pakistani firms about their projects and growth strategies in agriculture, IT, and energy sectors.
Addressing climate change, Prime Minister Kakar appreciated the UAE’s hosting of COP28 and emphasized the urgent need for Climate Adaptation by affected countries. He warned that failure to act decisively this decade could lead to catastrophic consequences. He advocated for a framework focusing on fast-track energy transition and a clear climate finance goal, noting the need for substantial investment in developing countries for adaptation, resilience, and mitigating loss and damage.