Staff Reporter Lahore
Chief Minister Punjab Sardar Usman Buzdar has said that there were huge investment opportunities for UAE investors in Pakistan and they need to avail these opportunities.
He was talking to Ambassador of UAE to Pakistan Mr Hamad Obaid Ibrahim Salem Al-Zabi who called on him at his office on Monday and discussed matters of mutual interest including promotion of bilateral relations.
The UAE Envoy expressed interest in investment in health and construction sectors while the CM pointed out that Pakistan and UAE enjoy historically important brotherly relations.
Usman Buzdar invited the UAE investors to invest in special economic zones (SEZs) adding that they should also invest in Walton Business Hub and River Ravi Urbanfront Projects as vast opportunities are available in such projects.
Meanwhile, work has been started to construct a five-star hotel near Qaddafi Stadium for the stay of foreign teams. An underground or overhead bridge will also be constructed to link stadium and the hotel, he added.
The chief minister emphasized that facilities have been provided to investors on a priority basis while easing the process of issuance of NOCs. Special incentives are provided to the investors and all matters pertaining to investment are dealt with by me, the CM added and announced to welcome the UAE investment companies as it has played a commendable role in the development of the country.
Speaking on the occasion, the UAE ambassador congratulated the chief minister over successful holding of Cholistan Desert Rally-2021 and best arrangements for cricket matches in Lahore. “I have brought a message of good wishes on behalf of UAE Minister Sheikh Nahyan bin Mubarak Al Nahyan who has thanked you for extending full support for investment. The UAE companies are interested in investment and are ready to invest in SEZs. The UAE visa centre will also be opened soon in Lahore,” he added. Chairman P&D, CEO PBIT and others were also present.
