International Islamic Bank Chief Executive Sheikh Ali bin Abdullah Thani Al Thani, who is also chairman of the Pak-Qatar Takaful Insurance, called on Prime Minister Imran Khan and shared his future business and investment plans in Pakistan.
Sheikh Ali bin Abdullah informed the prime minister that he intended to invest in the hospitality industry and the planning was in an advanced stage. He said that his group – the Pak-Qatar Takaful – has over 70 branches in Pakistan and is now interested in investing in real estate, housing and hospitality sectors.
The prime minister reaffirmed the importance Pakistan attached to its strong ties with Qatar and close cooperation between the two countries. He expressed satisfaction over the positive trajectory of the relationship between Pakistan and Qatar, especially after the visit of Qatari ruler to Pakistan in June.
INVESTMENT FROM HONG KONG: Talking to a delegation of the Hutchison Port Holdings, led by Group Managing Director Eric Ip in Islamabad, Prime Minister Imran Khan welcomed $240 million foreign investment from Hutchison Port Holdings – a Hong Kong-based port operator – and their commitment to Pakistan’s economic prosperity.
Imran Khan reiterated the commitment to facilitate investment and ease-of-doing-business that would ultimately result in economic growth and employment generation. Eric Ip apprised the prime minister of Hutchison’s fresh investment that would make available a significant amount of new container terminal capacity at the Karachi Port, and increase the company’s total investment to one billion dollars.
During the meeting, Minister for Maritime Affairs Ali Haider Zaidi, Adviser on Commerce Abdul Razzaq Dawood, Special Assistant Zulfiqar Abbas Bukhari, Ambassador at Large for Foreign Investment Ali Jehangir Siddiqui, Board of Investment Chairman Zubair Haider Gilani and senior officials were present.