Pakistan: A potential investment destination for US enterprises

September 12, 2023 (MLN): With the presence of 80 US enterprises in Pakistan, the country provides ample opportunities for investment, given its existing vast infrastructure, Pakistan’s Ambassador to the United States Ambassador Masood Khan stated during the Pak America Business Forum (PABF) Annual Award Banquet 2023, according to the latest press release issued.

“Pakistan is ripe for investment. We are inviting investments from the United States and the Gulf region,” said Pakistan’s Ambassador to the United States.

He further addressed that China is already making investments through CPEC projects and now the Gulf region is invited to participate in extractive industries.

“Don’t hold back. Invest in Pakistan with full confidence,” he added.

Addressing leading businessmen and entrepreneurs, Masood Khan said “What you have to do is to scale up and there are ample opportunities available within that in Pakistan.

To streamline business activities and investment, the Ambassador suggested the establishment of a forum, either in Dallas, Houston, or any other part of the United States to address specific issues related to the regulatory regime in Pakistan, ease of doing business in the country, repatriation of profits and other issues that are confronted by the business community and potential investors.

The Ambassador further highlighted the mining sector, agriculture, education, health, pharmaceuticals, diagnostics, and biotechnology which were opening up to the world and offering huge dividends to investors and the business community.

Moreover, with the decades-long partnership between Pakistan and the United States, the Ambassador observed that Pakistan, a fragile state at its inception, chose the United States over others as its friend.

As Pakistani-Americans continue to come to the United States, they enrich the landscape of Pakistan and they continue to build bridges between Pakistan and the United States.

“We would be amongst the top ten economies and the strongest countries in the world. That is the determination not only of our leadership but most importantly of the people of Pakistan,” he said.

He told the audience to dismiss all negative chatters about the country.

Inviting them to personally visit the country and witness its potential, the Ambassador highlighted that there were more than 82 million people comprising the middle class of the country.

He said the country was making progress in many sectors. “I am not saying that we are a utopia but we are not a dystopia either,” observed the Ambassador.

He assured the audience that the country would emerge successful in overcoming its present challenges as it did in the past.

Recalling the unwavering support of the Pakistani-American community, he said that Pakistani Americans have always stood with Pakistan.

They will continue to support Pakistan and its economy with their investment and positive contributions.

Noting the presence of around one million Pakistanis in the United States, the Ambassador advised Pakistani Americans to launch themselves as a community and make bridges between Pakistan and the United States even stronger.

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