H.E. The.E. Kuwait’s Assistant Foreign Minister for Asian Affairs, Ali Sulaiman Al-Saeed, said that the Kuwait Investment Authority, one of the world’s oldest and biggest sovereign wealth funds, may be part of Pakistan’s mega projects.
Comments were made at the Ministerial meeting with Atif R. Bokhari, Chairman of the Investment Board, and Fareena Mazhar, BOI Secretary at BOI Islamabad.
H.E. Ali Sulaiman Al-Saeed exchanged views on trade, investment and other areas of mutual interest with H.E. Nasar Abdul Rahman Jasser Almutairi, Kuwait’s Ambassador to Pakistan.
H.E. The.E. Ali Sulaiman Al-Saeed noted that there is more potential between the two countries to boost bilateral trade and investment opportunities. He appreciated the efforts of Pakistani nurses, doctors and engineers working in Kuwait and said that Pakistani professionals would be welcome to work in Kuwait in different fields in the future.
During the meeting China Pakistan Economic Corridor (CPEC) and Special Economic Zone (SEZ) were also discussed.
The BOI Chairman stressed the value of CPEC and SEZs. He said CPEC is a multi-corridor fusion. Power, Transport & Infrastructure, Gwadar Port & Region, and Industrial Cooperation are possible cooperation/development areas. He promised that BOI will broaden all possible assistance and facilitation to make Kuwaiti investment in Pakistan a reality.
In order to invest in the region, Secretary BOI invited Kuwaiti investors. She added that a range of initiatives have been taken by the Government of Pakistan to attract foreign investment, and BOI is the government’s leading agency for investment promotion and facilitation for foreign investors, ensuring full support as and when appropriate.