Pakistan urges Qatar to invest in CPEC SEZs

Islamabad: Pakistan has urged Qatar to invest in the Special Economic Zones (SERZs) under the China-Pakistan Economic Corridor (CPEC).

The Chief Executive Officer (CEO) of Qatar Investment Authority Mansoor Ebrahim Al-Mahmoud met Prime Minister Shehbaz Sharif in Doha to exchange views on progress made on various investment proposals in multiple sectors of Pakistan’s economy. During the meeting, Al-Mahmoud and Prime Minister Sharif highlighted investment opportunities in the energy and infrastructure sectors of Pakistan.

It may be recalled that a detailed discussion had been initiated between the two sides during the Prime Minister’s visit to Qatar in August 2022.

The Qatar Investment Authority has expressed a keen interest in investing in the Liquefied Natural Gas (LNG) power plants, airports, and solar power parks in Pakistan.

Al-Mahmoud also concurred with the Prime Minister regarding the importance of bilateral trade and investment between Qatar and Pakistan while expressing his desire to strengthen their bilateral economic ties.

According to an official statement, Prime Minister Sharif thanked Al-Mahmoud for his interest in enhancing cooperation with Pakistan in the economic sphere and invited Qatari investors to take advantage of the investment-friendly policies of the Pakistani government.

He invited Qatari investment in the SEZs under the CPEC which would be mutually beneficial to both the friendly countries.

Both countries remain optimistic about working closely to translate existing understandings to strengthen their economic ties and further diversify them in the future in line with Qatar’s Vision 2030.