Pakistan's envoy encourages UAE investors to explore real estate ventures

MG News | March 06, 2024 at 10:27 AM GMT+05:00

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March 06, 2024 (MLN): UAE investors with rich experiences in construction can avail enormous investment avenues in Pakistan’s real estate and infrastructure sector, Pakistan's Envoy to UAE Faisal Niaz Tirmizi stated during the Business Opportunities Conference Dubai, according to a press release issued yesterday.

The conference was held at Habtoor Palace Dubai and was attended by more than 100 businessmen from UAE and Pakistan.

While addressing the occasion, Tirmizi said that having more than 60% of its population below the age of 30, Pakistan is a country of about 250 Million people that offers immense opportunities for investments in diverse fields.

"Today’s magnificent Dubai is the manifestation of Sheikh Rashid bin Saeed Al Maktoum’s dream of transforming this region into a commercial hub," he added.

He said that Pakistan and UAE enjoy an exemplary relationship and Pakistani diaspora has contributed significantly to the progress and development of the UAE.

"We warmly invite Emirati investors to invest in Pakistan’s real estate, energy, agriculture, I.T and other sectors”, the ambassador noted.

Dr. Abdulrahman Hassan Al Muaini, Ministry of Economy welcomed the delegates from Pakistan at the Business Opportunities Conference.

He highlighted that the UAE and Pakistan offer immense potential and opportunities for the business communities of both countries.

He hoped for positive outcomes from the ongoing interactions between the businessmen of both countries.

Ahsan Zafar Bakhtawari, President of Islamabad Chamber of Commerce & Industry, Javed Malik, President of Overseas Pakistanis Business Forum and former Ambassador of Pakistan and other key businessmen also spoke on the occasion.

They underlined potential areas for business collaborations between the two countries. Various documentaries showcasing investment opportunities in different sectors in Pakistan were also shown during the conference.

A detailed panel discussion by experts was also conducted during the conference.

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