Azerbaijan delegation to explore infrastructure investment in Pakistan

MG News | January 31, 2025 at 10:45 AM GMT+05:00
January 31, 2025 (MLN): Pakistan and Azerbaijan are set to explore new avenues for investment and collaboration in the infrastructure sector, as it was decided in a meeting that a delegation from Azerbaijan will visit Pakistan in February.
This decision follows discussions held in Baku, Azerbaijan, where Federal Minister for Communications, Privatization, and Board of Investment Abdul Aleem Khan, along with a high-level delegation, met with Minister for Digital Development & Transport Rashad Nabiyev.
The talks focused on exploring opportunities for cooperation in various infrastructure projects, particularly in the motorway sector.
The visit will focus on reviewing feasibility and investment opportunities, particularly in the motorway projects M-6 and M-9 connecting Sukkur, Hyderabad, and Karachi.
The federal minister called on the Minister of Transport of Azerbaijan, Rashad Nabiyev, and emphasized the importance of improving transportation links from Pakistan to the Central Asian States.
He also highlighted that both Pakistan and Azerbaijan can make significant progress in this regard.
The minister said that there was considerable scope for bilateral cooperation in the field of communications to improve logistics.
He added that there were historical, religious and deep friendly ties between Azerbaijan and Pakistan which need to be further strengthened.
Azerbaijani Minister Rashad Nabiyev said that his country was looking for significant progress in bilateral cooperation and investment with Pakistan and the visit of this delegation led by Federal Minister Abdul Aleem Khan will bring positive progress in this regard.
The meeting also discussed matters of mutual investment between the two countries under Public-Private Partnership, as per the press release.
In this meeting, the Chairman of the National Highway Authority gave a briefing on the projects of M-6 and M-9 Motorways while negotiations were held with Azerbaijani officials on mutual partnership with Pakistan on rail, road and other means of communications.
The meeting was attended by Pakistan’s Coordinator of SIFC, Lt. Gen. Sarfaraz Ahmed, and Federal Secretary of Petroleum, Momin Ali Agha, along with the high-level delegation.
It is noteworthy that Federal Minister for Communications, Privatization, and Board of Investment, Abdul Aleem Khan, arrived in Baku, Azerbaijan today, where he is scheduled to hold meetings with other ministers and key government officials.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 134,299.77 290.06M |
0.39% 517.42 |
ALLSHR | 84,018.16 764.12M |
0.48% 402.35 |
KSE30 | 40,814.29 132.59M |
0.33% 132.52 |
KMI30 | 192,589.16 116.24M |
0.49% 948.28 |
KMIALLSHR | 56,072.25 387.69M |
0.32% 180.74 |
BKTi | 36,971.75 19.46M |
-0.05% -16.94 |
OGTi | 28,240.28 6.19M |
0.21% 58.78 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 118,140.00 | 119,450.00 115,635.00 |
4270.00 3.75% |
BRENT CRUDE | 70.63 | 70.71 68.55 |
1.99 2.90% |
RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
1.10 1.14% |
ROTTERDAM COAL MONTHLY | 108.75 | 108.75 108.75 |
0.40 0.37% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 68.75 | 68.77 66.50 |
2.18 3.27% |
SUGAR #11 WORLD | 16.56 | 16.60 16.20 |
0.30 1.85% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|