Planning Minister Ahsan Iqbal announced on Sunday that four friendly countries have committed to investing a total of $27 billion in Pakistan over the next five years.
During a televised address, Iqbal detailed the investment breakdown: Saudi Arabia will contribute $5 billion, while the United Arab Emirates and Kuwait will invest $10 billion each. Additionally, Azerbaijan has pledged $2 billion.
Earlier in Lahore, Iqbal discussed these investment plans, stating they would be made through the Special Investment Facilitation Council, emphasizing the need for consistent policies and reforms to maximize these investments.
He reaffirmed the government’s focus on socio-economic and judicial reforms, while also urging the PTI to engage constructively in Parliament rather than resorting to protests.
Additionally, Iqbal shared that China is preparing for the second phase of the China-Pakistan Economic Corridor (CPEC), with five new corridors dedicated to growth, innovation, and a green economy. He also mentioned a $2 billion investment from a Danish company in Pakistan’s port infrastructure.
As part of its ongoing commitment to empower rural women and female farmers, Fatima Fertilizer,…
Payoneer (NASDAQ: PAYO), the global financial technology company powering business growth across borders, hosted Payoneer’s…
foodpanda, Pakistan’s leading online delivery platform, has announced the grand opening of "The Commune by…
Pakistani shoppers were left shocked this week as prices on popular e-commerce platforms Temu and…
The government is preparing to impose another steep increase in petroleum prices, dealing a fresh…
Pakistan Telecommunication Company Limited (PTCL) and Sindh Bank have signed an agreement for deployment of…
This website uses cookies.
