Pakistan and UAE Strengthen Investment Ties as PM Shahbaz Sharif Witnesses MoU Signing

Pakistan and UAE Strengthen Investment Ties as PM Shahbaz Sharif Witnesses MoU Signing

Pakistan and UAE Strengthen Investment Ties as PM Shahbaz Sharif Witnesses MoU Signing

 

Pakistan took a significant step toward attracting foreign investment as Prime Minister Shahbaz Sharif met with a high-level delegation from the International Free Zones Authority (IFZA) of the UAE and Aleria Group. During the meeting, an important Memorandum of Understanding (MoU) was signed between IFZA and the Board of Investment (BoI) Pakistan to facilitate investments in Pakistan’s Special Economic Zones (SEZs).

The meeting included top officials from both sides, including:
✅ IFZA Chairman Martin Gregers Pederson
✅ Aleria Managing Partner Mana Ali Muhammad Hammad Al Shamsi
✅ Deputy Prime Minister & Foreign Minister Ishaq Dar
✅ Planning Minister Ahsan Iqbal
✅ Privatization Minister Abdul Aleem Khan
✅ Information Minister Attaullah Tarar
✅ Special Assistant Tariq Fatemi

Welcoming the delegation, Prime Minister Shahbaz Sharif emphasized the strong economic and diplomatic relations between Pakistan and the United Arab Emirates. He highlighted that Pakistan offers lucrative investment opportunities across various sectors and reaffirmed the government’s commitment to creating a business-friendly environment to attract global investors.

“The government is making investment facilitation a top priority to boost economic growth and create new opportunities,” the Prime Minister stated.

The IFZA delegation praised Pakistan’s economic progress and expressed a strong interest in expanding investments within the SEZ framework. They acknowledged Pakistan as an emerging market with immense potential for international investors.

The MoU between IFZA and Pakistan’s BoI is expected to unlock new business opportunities, enhance foreign direct investment (FDI), and contribute to the country’s economic stability and job creation. With Pakistan’s Special Economic Zones gaining attention from international investors, this partnership marks a major step toward sustainable economic development.

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