ISLAMABAD: Thirty Pakistani companies have presented their projects and ideas for growth in various sectors to investors at a three-day investment roadshow organized by the South Asian country in Dubai, the office of Pakistan’s prime minister said on Tuesday.
The roadshow, which concludes today, was organized by Pakistan’s Special Investment Facilitation Council (SIFC) with a singular focus to project latent potential of Pakistan and attract global investments in key sectors of the economy.
It has attracted a large number of global businesspersons and investors, with SIFC officials highlighting the investment potential and opportunities in Pakistan.
“Utilizing the platform, 30 Pakistani firms presented their project proposals/growth strategies during pitch sessions (B2B) encompassing various domains including Agri, IT and Energy,” the Pakistan PM office said in a statement.
“The event also included a structured panel discussion, involving public and private experts, to synthesize the investment landscape of Pakistan vis-a-vis emerging markets and way forward to tap-in the opportunities.”
The initiative has gained enormous traction and the attendees were given insights into the investment climate in Pakistan through the SIFC platform, according to officials
“Our roadshow has received an excellent response from investors and venture capitalists so far,” Dr. Muhammad Jahanzeb Khan, special assistant to PM on government effectiveness, told Arab News on Monday.
Pakistan set up the SIFC in June in an attempt to revive its fragile economy, which has been dented by low foreign exchange reserves, massive currency depreciation and record inflation. The committee is a hybrid civil-military government body that also features the army chief.
It aims to attract foreign investment by capitalizing on the country’s untapped potential in agriculture, mining, information technology, defense production and energy sectors.
Dr. Khan, who also serves as secretary on the SIFC apex committee, said the SIFC had meticulously identified investment-worthy companies in Pakistan that were ready to attract international investors and then brought them to Dubai so that they could present their ideas to potential investors.
