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A great destination for investment

Article - November 3, 2015

In this op-ed, Chairman of the Board of Investment, Miftah Ismail, discusses why Pakistan offers some of the best investment opportunities in the world

MIFTAH ISMAIL, CHAIRMAN OF THE BOARD OF INVESTMENT

Where to invest is one of the hardest decisions investors make.  They have to balance rewards and risks, look at past track record, future opportunities, and consider a host of regulatory issues.  But no matter what calculus investors’ use, Pakistan offers some of the best investment opportunities around the world.

With close to 200 million people, about two-thirds of whom are 25 or less, Pakistan offers a growing consumer market and a skilled and disciplined workforce.  With proven large coal, copper and hydrocarbon reserves Pakistan has some of the best natural resources globally.  And after two years of successful stewardship of the economy by Prime Minister Nawaz Sharif’s government, all the fundamental economic indicators are pointing in the right direction.

Since the early 90s we have guaranteed 17% annual dollar return in energy. Almost everyone who has invested in energy in Pakistan wants to invest more. That tells you about our track record and future potential. General Electric is poised to install multiple power plants by 2017. Our consumer markets are booming too and many US-based multinationals, Coke, Pepsi and P&G included, keep investing more in Pakistan.

And it’s not just large players who find Pakistan lucrative. Smaller companies, from IT start-ups to solar technology firms find Pakistan a great destination for investment and outsourcing of business processes.

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