Islamabad, Ambassador Masood Khan, Pakistan’s envoy to the United States, has announced a significant transformation in Pakistan’s investment landscape, crediting the Special Investment Facilitation Council’s efforts for streamlined approvals, smooth project executions, and guaranteed returns. During a virtual meeting with business leaders from across the United States, Khan underscored the prioritization of IT, agriculture, alternative energy, and extractive industries for investment and encouraged Pakistani-American nationals to seize these opportunities.
According to Embassy of Pakistan – Washington D.C, the meeting aimed to foster connections between business organizations and trade bodies, enhancing trade and investment activities between Pakistan and the United States. The discussion, attended by notable figures from various chambers and business entities in Houston, California, and other parts of the United States, was part of the embassy’s initiative to create synergy and promote business activities between the two nations.
The meeting saw participation from key figures such as Amir Piprani, President of the Pakistan Chamber of Commerce-USA in Houston; Waqar Ali Khan, Chairman of the PACC in Los Angeles, California; and Muhammad Saeed Sheikh, President of the Houston-Karachi Sister City Association, among others. Contributions from the Pakistani business community in the United States were acknowledged, with participants discussing their roles in strengthening trade relations and investing in Pakistan.
Highlights of the meeting included discussions on the significant role of the PACC in promoting bilateral trade for over 27 years, the success story of Ka’aba Fusion’s expansion into Pakistan to create healthcare job opportunities, and TSI Engineering’s contributions towards engineering education and small business development in Pakistan. Additionally, the meeting touched on efforts to support flood relief activities, educational initiatives, and the economic benefits of investing in Pakistan, as evidenced by the positive returns on treasury bills and Roshan Digital Accounts highlighted by Ahmed Chinoy, Director of the Pakistan Stock Exchange Limited.
Ambassador Khan concluded the meeting by emphasizing the vast investment opportunities available in the priority sectors and urged Pakistani-American investors to utilize resources like the U.S. International Development Finance Corporation (DFC) and International Finance Corporation to scale up their investments. His message to investors was clear: trust in Pakistan’s burgeoning market is not only a vote of confidence in the country’s economic potential but also an invitation to others in the United States to consider Pakistan as a preferred investment destination.