Islamabad—Pakistan is a safe and secure country
and it is open to all foreign investors who
intend to invest in Pakistan. The Federal
Minister for Investment, Senator Waqar Ahmad
Khan, reiterated the government’s firm resolve
to protect and facilitate all the investors who
have invested in Pakistan and those who intend
to do so.
Rawalpindi—Chief Minister,
Muhammad Shahbaz Sharif has approved an
industrial zone on the demand of Rawalpindi
Chamber of Commerce and Industry (RCCI) for
which a suitable place would be selected in
consultation with the trader community.
Berlin—EU
Industry Commissioner Guenter Verheugen has
criticised informal financial pledges to General
Motors by countries vying to save jobs at
factories belonging to the automaker’s European
unit. “I understand that some countries have
already made informal promises. I find that
alarming,” he told German magazine Spiegel in
comments to be published Monday.
Vienna
—Austria has begun talks with Russia in view of
joining Moscow’s South Stream gas pipeline
project, Austrian newspapers reported on
Saturday. The economy ministry said it had
opened negotiations with Russia on Friday
regarding its potential involvement in the
project, the daily Die Presse reported.
Abu
Dhabi—United Arab Emirates has expressed its
intent to make investments in Pakistan’s diverse
sectors including energy, infrastructure
development, industry, health, education and
agriculture. “Pakistan is a wonderful place for
investment and provides ample opportunities in
diverse fields,” said Sheikh Nahyan bin Mubarak
al Nahyan, UAE Minister of Higher Education and
Scientific Research, who is also the Chairman of
UAE’s largest investment group.
