Islamabad: Finance Minister Muhammad Aurangzeb praised the Pak-Kuwait Investment Company (PKIC) for its significant contributions to the economic landscape of Pakistan, particularly in key sectors that are crucial for the nation’s long-term development. The commendation came during a meeting with the senior officials of PKIC in Islamabad, where they discussed the company’s strategic role and future potential in fostering economic growth.
According to Ministry of Information and Broadcasting, the discussions at the meeting centered around strategic initiatives and future directions of PKIC’s joint ventures within the country. The company’s officials presented an overview of their current portfolio, notably their ventures in the real estate sector. They highlighted the use of Islamic finance structures to fund substantial infrastructure projects, which are crucial to meet the investment needs of Pakistan.
Furthermore, the company’s commitment to supporting small and medium enterprises (SMEs) across Pakistan was emphasized, underlining PKIC’s role in broader economic support beyond large-scale projects. Minister Aurangzeb acknowledged the company’s proactive approach in integrating Islamic finance into its operations, which aligns with Pakistan’s economic principles and policies.
The meeting also underscored the importance of continued collaboration and support between the government and PKIC to enhance the effectiveness of their joint ventures, which are vital for the country’s economic stability and growth.