.Mian Zahid, the Chairman of the National Business Group, termed the UAE’s $10bn Investment in Pakistan by the United Arab Emirates (UAE) as a positive development for the country. He said that this massive investment indicates increased trust of international organizations and friendly countries in our economic potential and stability. These positive signs could improve the situation all over Pakistan in the near future.
While speaking to the business community, Mian Zahid stressed the importance of good relationships between two countries for economic growth. He specifically appreciated Prime Minister Imran Khan’s efforts in extending the UAE’s brotherly relations with Pakistan. He said that these are very effective in attracting foreign investments and creating trust among nations.
The decision of the Dubai government to invest UAE’s $10bn Investment in different projects all over the country highlights. How strategic this partnership is for both nations. Zahid called for focusing on infrastructure development, which he believes acts as a backbone of any country’s progress. Besides, energy and technology sectors were also pointed out where substantial amounts will be spent. Large-scale ventures like these can generate numerous jobs. Boost industrial production capacities and eventually improve export potential, thus fostering a vibrant, resilient national economy creation.
Moreover, he said involvement from Dubai is one world’s biggest economies. It may trigger interest among many more global investors to view our nation positively, too, thus having a multiplier effect on overall financial outlooks within Pakistani borders. Other states, along with multinational companies, should follow suit after seeing what has been done there because it shall not only benefit them but also us through the provision of employment opportunities, which will eventually lead to improved living standards throughout Pakistan, hence making Mian Zahid more optimistic about future growth prospects.
Additionally, he stressed the need for closer diplomatic & trade relations management with friends abroad. Especially those who have been supportive in the past, like Saudi Arabia, etc., so that. We do not lose out from their side, either politically or economically. Historically speaking, UAE has always been a good neighbor – this latest announcement reiterates that fact once again. Zahid also highlighted the social-economic implications brought by these investments. Saying that public services could see significant improvements due to increased foreign inflow. At the same time, infrastructure development would make it easier for businesses to operate efficiently across Pakistan. Thus attracting more local as well as international funding.
Mian Zahid expressed confidence about the UAE’s $10bn Investment assurance provided by the United Arab Emirates (UAE). Being a turning point towards prosperity in future years. He called upon private sector players not just to support. But actively participate in the government’s initiatives aimed at creating a conducive environment for foreign direct investments – through. Which according to him, our country can realize its full potential and attain a sustainable growth trajectory characterized by shared prosperity among all citizens. These words reflect general feelings within Pakistani business communities. Who believe if the right policies are put in place internally coupled with sustained international partnerships. Indeed, we could witness rapid economic takeoff very soon.
