Qatar Investment Authority keen to invest in Pakistan’s multiple sectors. Chief Executive Officer (CEO), Qatar Investment Authority, Sheikh Faisal bin Thani al-Thani has shown keen interest to invest in Pakistan’s different sectors especially energy, airport and infrastructure and others.
The bilateral ties were discussed in a virtual meeting between Minister for Finance and Revenue Miftah Ismail and CIO – Africa & APAC, CEO Qatar Investment Authority, Sheikh Faisal bin Thani al Thani.
The minister welcomed the proposals of Qatar Investments Authority’s plan to invest in various fields while assuring them of government’s full cooperation and facilitation, said a finance division press release.
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Miftah highlighted the potential investment avenues available in Pakistan and shared that present government was undertaking a number of structural reforms for facilitating the foreign investment in Pakistan.
Minister for Privatization/ Chairman Privatization Commission Abid Hussain Bhayo, Coordinator to Prime Minister on Economy Bilal Azhar Kayani, and other senior officers also attended the meeting.
Pakistan–Qatar relations refer to the bilateral links between the Islamic Republic of Pakistan and the State of Qatar.
Pakistan has an embassy in Doha; Qatar maintains an embassy in Islamabad and a consulate-general in Karachi.
Relations between the two are shaped by Pakistan’s generally close relations with the Arab world. Like other nearby Gulf States, there is a large Pakistani community in Qatar which numbers over 150 000. They work in diverse fields and send remittances each year.
During the 2010 Pakistan floods, Qatar provided timely assistance to the country. After the British left, Pakistan originally called for the territory to be merged into with the Trucial States of the United Arab Emirates, with which it had recognized in the same year despite this however diplomatic relations between the two were established.
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