Karachi: Federal Minister for Petroleum, Mr. Ali Pervaiz Malik, conducted an engaging session with the Overseas Investors Chamber of Commerce and Industry (OICCI), bringing together senior business leaders from both local and multinational companies. The discussions centered on Pakistan’s energy priorities and strategies for achieving long-term economic stability.
During the meeting, the Minister reiterated the government’s dedication to implementing structural reforms, expediting policy execution, and fostering greater industry collaboration. He identified significant investment opportunities in upstream exploration, pipeline development, and downstream processing. These initiatives align with the global movement towards cleaner energy solutions.
Mr. Malik also highlighted the government’s recent successes in attracting foreign direct investment in the mining sector. This effort aims to unlock Pakistan’s untapped natural resources, boost future exports, and promote industrial diversification.
Yousaf Hussain, President of OICCI and CEO of Faysal Bank, stressed the importance of maintaining policy consistency and technocratic execution. He advocated for a collaborative roadmap involving the government, OICCI, and industry stakeholders to achieve sustainable economic growth and stability. Such engagement, he pointed out, is vital for strengthening investor confidence and ensuring effective policy outcomes.