Home | Headlines | City | Sports | Showbiz | Editorial | Columns | Article | Horoscope | Archive | Contact Us

 

 Print This Page  Add To Favourite    

 

Jordan praises Pak economic progress
Shows keenness for investment
By Asad Cheema

ISLAMABAD—Jordan's Shaheen Business and Investment Group Tuesday showed keen interest in Pakistan's ongoing economic policies and expressed willingness for making investment in various sectors.
It also emphasized the need of enhancing mutual economic cooperation between the two brotherly islamic states.
These views were expressed at a meeting held between visiting seven-member delegation of Jordan's Shaheen Business and Investment Group and Secretary Board of Investment (BOI) Jehangir Bashar here today.
The delegation headed by Chairman of the Group Khalid Shaheen and comprised of Jordan's former Deputy Prime Minister and Chief of Jordan's Royal Court Dr. Anani arrived here on a three days visit to examine business and investment opportunities in Pakistan.
Jordanian Businessmen expressed concern over the devastation caused by the earthquake last month and the leader of the delegation said it a matter of great concern for all of us, adding he expressed the hopethat brave people of Pakistan will overcome catastrophic affects of the quake and situation would improve soon.
The leader of the delegation mentioned that "We had donated $50 million in President's Relief Fund for the assistance of quake victims. Commending economic policies of Pakistan, the Jordanian Businessmen said owing to economic reforms and liberalization of policies, Pakistan managed to achieve significant progress in almost all sectors of the economy. He said huge human resources had played a tremendous role in the economic uplift of the country and it should continue to march on the track of economic growth. The current plan of action should continue for attaining new dimension of progress and prosperity, he added.
Secretary Board of Investment Jahangir Bashar welcoming the delegation said Pakistan offers tremendous investment opportunities to all the investors on equal basis without any discrimination and restriction. He said there is vast scope of investment in a number of fields including housing, energy, tourism, petroleum and setting up of infrastructures and ports.
He also emphasized the need of enhancing trade volume between the two countries which is currently revolving around $50 million per anum. The Secretary BOI presented a brief of economic activities with the help of slides and presentation highlighting the pace of development in various areas if economic development and scope of investment for foreign investors.

Copyright © 2005 The Daily Mail.  All rights reserved