PESHAWAR
Muhammad Faiq Shah, founder and chairman of the Amun Taraqqi Party welcomed the holding of the Pakistan-Saudi Arabia Investment Conference in Islamabad.
Faiq said immense potential exists in Pakistan to make investment in multiple sectors.
He stressed the need to explore and tap natural resources at an optimal level and attract foreign and local investment in major sectors to stabilize the economy.
He also asked for improving bilateral trade relations and collaborations with Muslim brothers’ countries.
We highly appreciate the Saudi government pledges to make investment worth billions of dollars in Pakistan and giving highly priority to economic, business and investment opportunities, Shah said while commenting on the ongoing two-day Pak-Saudi Investment Conference here on Monday.
It is noted to mention that Deputy Investment Minister of Saudi Arabia Ibrahim Almubarak in his inaugural speech at the conference in Islamabad said that the Saudi government and companies consider Pakistan a high priority economic, investment and business opportunity.
Shah said the Deputy Investment Minister statement is highly laudable, which will not only build investors’ trust but also stabilize Pakistan’s economy with large-scale Saudi investment in multiple sectors.
The party leader called for following best practices to enhance trade, investment and export through diplomacy for investment.
Furthermore, he emphasized legislation and diplomacy to enhance bilateral trade with Saudi Arabia, China, Russia and Turkiye along with gaining easy access to the European market.
Shah emphasized that political stability is vital to attract local and foreign investment and enhance export, trade and business activities.
Pakistan is the land of treasures and geographically best way, which is also a source for country’ progress, the ATP chief remarked.
He made it clear that these countless treasures cannot bear fruits until establishment of better governance, peace and stability.
Shah reminded that his party has proposed a holistic plan for improving trade, export and business and economic activities.
He said export, investment and industries are the only path to get rid the whole nation from the net of loans, inflation and economic downfall.
