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The Chief US diplomat for South Asian Affairs Alice Wells said Friday that the American energy firms and manufacturers are interested in the Pakistani market.

Wells, the principal deputy assistant secretary of state for South and Central Asian Affairs, said that Exxon-Mobil, Excelerate, Cargill and Honeywell are all pursuing major new investments.

The US diplomat said that online taxi service Uber is creating 80,000 jobs for Pakistani youth.

KARACHI: Bangladesh aims to meet a challenging $50 billion export target by 2021 and wants Pakistan to expand its investment partnership with it for making the most of the opportunities available in the world’s s second largest garments' exporter.

KARACHI: Pakistan offers a potential $96.2 billion investment opportunity for the private sector to help achieve the UN’s Sustainable Development Goals (SDGs), the Standard Chartered SDG Investment Map said on Monday.

The study, Opportunity2030, identified opportunities for the private sector to contribute to three infrastructure-focused goals between now and 2030: SDG 6, Clean Water and Sanitation; SDG 7, Affordable and Clean Energy; and SDG 9, Industry, Innovation and Infrastructure across emerging markets.

Mr. Zubair Gilani, MoS / Chairman, Board of Investment (BoI) meeting with H.E. Ikram Bin Mohammad Ibrahim, High Commissioner of Malaysia during his visit at BoI, Islamabad on Tuesday, the 28th January, 2020.

Malik Amin Aslam, Advisor to the Prime Minister on Climate Change addressing after visit and showcasing of three wheeler electronic vehicles at Sazgar Car Plant at Raiwind, Kasur on Friday, the 24th January, 2020.  Mr. Zubair Gilani, Minister of State / Chairman, Board of Investment (BoI) also present.

According to the State Bank of Pakistan (SBP), Pakistan has made a significant improvement in attracting foreign direct investment (FDI) during the first half of the current fiscal year (FY). The FDI inflows in the first half of the current FY jumps 68.3 per cent in comparison to the figures in the same period last year. The increase in FDI means that the government is succeeding in making Pakistan an attractive place of investment for foreign businesses. Pakistan Tehreek-e-Insaf (PTI) rightly deserves appreciation for this.

Special Assistant to the Prime Minister on Information & Broadcasting, Dr. Firdous Ashiq Awan and Mr. Zubair Gilani, Minister of State / Chairman, Board of Investment (BoI), addressing a press conference in Islamabad on Tuesday, the 21st January, 2020.

Mr. Zubair Gilani, MoS / Chairman, Board of Investment (BoI) meeting with Mr. Hiroyuki Sawada, Partner, Brain and Capitals, Mirza Asif Baig, Partner, Saffran Group and Mr. Fukuda Naohisa, Chairman Japan Communications INC during their visit at BoI, in Islamabad on Tuesday, the 21st January, 2020.

Mr. Zubair Gilani, MoS / Chairman, Board of Investment (BoI) meeting with Mr. Ahmed Jaudat Bilal, CEO, Sapphire Fibers Ltd,  during his visit at BoI, Islamabad on Friday, the 10th January, 2020.