Federal Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal on Thursday, met with foreign investors and business leaders at the Overseas Investors Chamber of Commerce and Industry (OICCI) to discuss the government’s latest efforts in economic stabilization and fostering a conducive business environment.
At the interactive session, Iqbal outlined the government’s ambitious plan to transform Pakistan into a hub for innovation and investment through ‘Uraan Pakistan – The 5Es National Economic Transformation Plan’. This comprehensive strategy aims to unlock the country’s potential and pave the way for sustainable economic growth. The minister praised the contributions of leading foreign investors, in particular, the Overseas Investors Chamber of Commerce and Industry (OICCI) members. These investors have not only re-invested an impressive $23 billion in Pakistan over the past decade but have also shared their expertise and best practices, significantly enhancing the country’s economic development.
The session provided a platform for foreign investors to share their experiences and offer recommendations on navigating the challenges in Pakistan. They emphasized the importance of a stable and predictable policy environment to ensure the success of their investments. As M. Abdul Aleem, Secretary-General OICCI, noted, “While the initiatives being undertaken by the government are commendable, it is crucial to ensure policy consistency.
We urge the government to actively engage with key stakeholders like OICCI members so as to maximize the impact of these initiatives.” President Yousaf Hussain of OICCI also expressed optimism about the government’s efforts to stabilize the economy and foster a business-friendly environment for foreign investors. “The focus on structural reforms and economic revival is a positive step forward. We remain optimistic and look forward to continued collaboration to further strengthen Pakistan’s position as an investment destination,” he stated.
