Ahsan Iqbal highlights British International Investment's strategic role

January 31, 2025 (MLN): The strategic role of British International Investment in driving investments across key sectors, particularly infrastructure and climate resilience, was highlighted by Federal Minister for Planning, Development & Special Initiatives, Ahsan Iqbal, during his visit to British International Investment (BII).

He held extensive discussions on mobilizing private sector participation to stimulate economic activity under the URAAN PAKISTAN initiative.

Emphasizing the importance of leveraging Pakistan’s Special Investment Facilitation Council (SIFC), Minister Iqbal highlighted the platform’s crucial role in attracting and facilitating both domestic and international investors.

He also walked the BII leadership through the 5Es Framework of URAAN PAKISTAN, which focuses on Exports, E-Pakistan, Environment (addressing climate change, food security, and water security), Energy (reducing losses and transitioning to clean energy), and Ethics, Equity, and Empowerment.

He emphasized Pakistan’s young and dynamic workforce as a major asset, positioning the country as an attractive destination for industries seeking cost-effective alternatives amid rising global labor costs.

Minister Iqbal further stressed that structural reforms, central to the URAAN PAKISTAN agenda, are crucial for the effective implementation of the 5Es Framework, as per the press release

He pointed out that reforms in energy pricing, supply chain optimization, and tax administration are already contributing to macroeconomic stability, signaling Pakistan’s economic recovery.

Additionally, Minister Iqbal reaffirmed that under Prime Minister Shehbaz Sharif’s leadership, the China-Pakistan Economic Corridor (CPEC) has gained renewed momentum, entered Phase 2.0 and created significant opportunities for both local and international businesses to participate in Pakistan’s growth.

During his visit, he was received by Holger Rothenbusch, Managing Director and Head of Infrastructure and Climate; Saad ul Islam, Investment Director for Infrastructure Equity; and Habib Yousaf, Regional Director for South Asia.

The meeting concluded with a shared commitment to strengthening investment collaboration between Pakistan and British International Investment, reinforcing the country’s position as a promising destination for global investors.

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