Islamabad, July 17, 2014 (PPI-OT): A delegation of UK based investors group led by Ms. Farah Waters called on the Finance Minister, Senator Ishaq Dar at the Finance Ministry, today to explore investment opportunities in Pakistan.
In her presentation Ms. Waters told that the companies “Seacrest Shipping Company Limited” and Salfo and Associates are interested in doing business with Pakistan. The companies provide services in the areas of port and shipping, engineering, infrastructure development and logistics and they would like to set up joint ventures with the Pakistani investors.
“We would like to provide assistance in various projects related to infrastructure and energy. As we know that Pakistan is keen on developing energy projects, we could provide help in coal transportation and consultancy Services in various Projects” said Ms. Farah.
Mr. Loannis Foteinos from Seacrest Shipping Company also informed the Finance Minister that transportation of Hajj pilgrimages through ships can be made on highly competitive rates as compared to air travel which is much more expensive.
The Finance Minister appreciated the interest shown by the delegation and said, “We appreciate the keen interest shown by investors group and hoped that the group will participate in competitive biddings through a transparent procedure in order to do business in Pakistan.
The Finance Minister directed chairman Board of Investment (BOI) Mr. Miftah Ismail to provide every help in arranging meetings with the concerned Pakistani businessmen. The Finance Minister invited the investor group to huge opportunities in the exploration of Hydro-Carbons and said that success rate in Pakistan is very high as compared to other regions.
He assured the investors group of support from government to FDI preferably on the model of joint-ventures with the private sector of Pakistan. The meeting was also attended by Mr. Miftah Ismail, Chairman BOI, Mr. Petros Mavroidis, Ambassador of Greece and Ms. Alison Blake, Acting High Commissioner of UK, Rana Assad Amin, Advisor to Finance Ministry and senior officials of Finance Ministry.
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