The UAE government is prepared to invest in Pakistan.
Yesterday, during the Pakistan Business Council’s event in Dubai, the Pakistani government was informed about three major investment projects by the UAE government in Pakistan, with an estimated value of over one billion dollars.
On Friday, a memorandum of understanding will be signed on the shipping and logistics corridor between the UAE and Pakistan.
Dr. Saif Al-Deen Junaidi, Chairman of Pakistan Export Processing Zones Authority, participated in the Business Council event with the delegation.
On this occasion, Dr. Saif Al-Deen said that Pakistan Export Processing Zones will be established like Dubai Free Zones, with a goal of reaching five billion dollars in exports within three years. Currently, exports are only one billion dollars.
During the event, Deputy Chairman of DP World Fakhar Alam said that the UAE is ready to invest in Pakistan.
