Govt, OICCI discuss energy priorities, economic stability

MG News | May 30, 2025 at 03:00 PM GMT+05:00

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May 30, 2025 (MLN): Pakistan reaffirmed its dedication to structural reforms in the energy sector and long-term economic stability during an interactive session between Federal Minister for Petroleum, Mr. Ali Pervaiz Malik, and senior representatives of the Overseas Investors Chamber of Commerce and Industry (OICCI).

The minister highlighted the government’s commitment to accelerated policy execution and deeper engagement with industry stakeholders, as per the press release issued today.

He underscored investment opportunities across upstream exploration, pipeline development, and downstream processing, aligning these priorities with the global transition to cleaner energy sources.

He also pointed to recent successes in attracting foreign direct investment in the mining sector, which aim to unlock Pakistan’s natural resources and support future export growth and industrial diversification.

OICCI President and Faysal Bank CEO, Yousaf Hussain, stressed the need for consistent policies, technocratic execution, and a collaborative roadmap to foster sustainable economic growth.

He emphasized that strengthened cooperation between the government, OICCI, and industry will be crucial for policy implementation and boosting investor confidence.

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