Pakistan's High Commissioner to Britain Dr Maleeha Lodhi has said that geo-strategic location of Pakistan would give an additional advantage to foreign investors to maximise the dividends and expand their business in the region. "When you look at the future in terms of geo-economics, I think, Pakistan because of its strategic location as well as the many opportunities that it offers is a destination needing serious consideration of investors," Maleeha said in her remarks at one-day road show which concluded here on Wednesday.
The show followed by two extensive sessions between high-ups of Water and Power Ministry and the British investors,
Dr Maleeha Lodhi returned here late Tuesday after attending a meeting of the UN Secretary General Kofi Annan Advisory Board for Disarmament Affairs in New York. She has been a member of Annan's Advisory Board since 2000.
She identified what she billed as 'Six Ss', which had made Pakistan an unprecedented location for foreign investors. She said the energy sector was the priority sector for investment in view of an ever increasing energy demands.
Explaining her Six Ss, she said, first was Stability as President Musharraf was poised to preside over the peaceful transfer of power from one elected government to another government in 2007.
The second 'S' is Sustainable economic growth, third was Security of investment and fourth was Sanctity of contract, fifth 'S' was Slashed regulation while the sixth stood for Speed in economic decision making.
The envoy said that all these positive indications were in a climate of regional hope and optimism in view of an improved security situation on Islamabad's western borders with Afghanistan and of course the prospects opened up by the peace process underway between Pakistan and India.
The road show in London was recognition of the robust broad-based from political, trade and commercial relations between Pakistan and the UK, later being the largest Pakistan's trading partner within the EU. She said trade between the two countries had been growing by 20 percent per year.
She said the country was aiming at 7 percent growth rate this year, which was expected to soar to 8 percent in years ahead. Pakistan is seen today as one of the fastest growing economies in Asia, she added.
Comments
Comments are closed.