Ataullah Tarar says Qatar\u2019s $3 billion investment to strengthen Pakistan\u2019s economy
\n Islamabad
\nQatar will invest $3 billion in diverse sectors of Pakistan, including trade, investment, culture, and others following a successful visit of Prime Minister Shehbaz Sharif, Information Minister Attaullah Tarar said on Friday.
\n\u201cQatar had earlier pledged to invest $3 billion in Pakistan,\u201d said Tarar while addressing a press conference in Islamabad today.
\nThe announcement came after PM Shehbaz returned to the country after concluding his two-day official visit to Doha.
\nDuring the presser, the information minister referred PM Shehbaz\u2019s recent visit to Saudi Arabia where he met Saudi Crown Prince Mohammed bin Salman and Minister for Investment Sheikh Khalid Bin Abdul Aziz Al Faleh.
\nThe Saudi Arabia has increased investment from $2.2 to $2.8 billion after the signing of 34 memorandums of understanding (MoUs), he said, adding that the additional investment of $600 million will make a positive impact on the national economy.
\nThe Saudi investment will be made in diverse fields, including minerals, energy, agriculture, livestock, IT, human resources and skill development, the minister said.
\nThere was also a significant progress seen in terms of bilateral ties between Pakistan and Qatar during the premier\u2019s visit where he was given a cordial and warm welcome by top leaders in Doha, he further said.
\n\u201cPM Shehbaz had met Qatari emir Tamim bin Hamad Al Thani, counterpart Mohammed bin Abdulrahman bin Jassim Al Thani, and business delegations there. They agreed on enhancing cooperation in multiple sectors, including investment, trade, culture, and others.\u201d
\nDuring his visit, Premier Shehbaz also met the delegation of the Qatar Businessmen Association (QBA) where he highlighted numerous opportunities in Pakistan\u2019s energy, infrastructure, and finance sectors, presenting the country as an attractive investment destination.
\nThe QBA delegation, led by Sheikh Faisal Bin Qassim Al-Thani, comprised leading Qatari business figures, each representing influential sectors within Qatar\u2019s economy.
\nHe added that the Qatari leadership had honoured the premier by hosting a Pakistan-specific art and architecture exhibition \u2014 referring to the \u201cMANZAR\u201d exhibition in Doha jointly inaugurated by PM Shehbaz and Sheikha Al Mayassa bint Hamad bin Khalifa Al Thani at the National Museum of Qatar and organised by the Art Mill Museum.
\nThe exhibition offers a rich exploration of Pakistan\u2019s evolving artistic journey from the 1940s to today and reflects the deep cultural ties between both countries.
\nTarar said that the moves showed Qatari leadership\u2019s goodwill gesture towards Pakistan.<\/p>\n","protected":false},"excerpt":{"rendered":"
Ataullah Tarar says Qatar\u2019s $3 billion investment to strengthen Pakistan\u2019s economy Islamabad Qatar will invest $3 billion in diverse sectors of Pakistan, including trade, investment, culture, and others following a successful visit of Prime Minister Shehbaz Sharif, Information Minister Attaullah Tarar said on Friday. \u201cQatar had earlier pledged to invest $3 billion in Pakistan,\u201d said […]<\/p>\n","protected":false},"author":2,"featured_media":425206,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-440971","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-news"},"yoast_head":"\n