Prime Minister Shahid Khaqan Abbasi has said that in the last few years Pakistan has made tremendous achievements towards political stability, law and order, energy security, and economic growth.
DAVOS, (Pakistan Point News - 24th Jan, 2018 ) : Prime Minister Shahid Khaqan Abbasi has said that in the last few years Pakistan has made tremendous achievements towards political stability, law and order, energy security, and economic growth. The Prime Minister stated this while speaking during his meeting with CEO Japan Bank for International Cooperation (JBIC) Mr. Tadashi Maeda at the World Economic Forum (WEF) in Davos on Wednesday.
Special Assistant to PM Mr. Ali Jehangir Siddiqui and senior government officials were also present on the occasion. Premier Shahid Khaqan Abbasi said that we are hoping that these positive indicators will incite Japanese companies and businesses to enhance their ties, stated the Prime Minister. He reiterated that Pakistan and Japan enjoy a very long and cherished history of economic cooperation that is of immense importance to Pakistan.
The Prime Minister expressed the hope that JBIC will support Japanese companies in their investments in Pakistan particularly in the energy sector. He further stated that the government of Pakistan will provide full support and facilitation to Japanese companies that are interested to invest in Pakistan. PM Shahid Khaqan Abbasi apprised that there are 84 Japanese companies currently operating in Pakistan and many more are expected to enter Pakistani market at an exponential rate.
The Prime Minister invited JBIC to open its operations in Pakistan. CEO JBIC Mr. Tadashi Maeda appreciated the economic stability achieved by Pakistan and expressed interest for in investments in Energy and Telecom sectors. JBIC has 15 international offices including London, New Delhi Dubai, Moscow, Beijing, Bangkok and represents 40% of Japan’s official development assistance. It has a market capitalization of US $ 16.8 billion. JBIC has provided funding for Kohat tunnel (I &II) and other infrastructure projects.
