Pakistan lures US investment

Pakistan has known as for US funding in weather-resilient infrastructure in Pakistan, stressing that the recent devastating floods in Sindh and Balochistan and the typhoon in Florida have reinforced the need for bilateral cooperation for mitigating affects of erratic climate exchange.

Pakistan’s ambassador to america, Masood Khan said that a sturdy Pakistan-US partnership within the change zone can turn the current disaster in Pakistan into an opportunity for the United States commercial enterprise community to invest in constructing inexperienced and weather-friendly infrastructure.Talking to US Chamber of Commerce (USCC) President Suzanne Clark all through a go to to the USCC headquarters, Ambassador Khan conveyed his heartfelt sympathies over the havoc due to Hurricane Ian in Florida and adjoining states.

“Timely funding in constructing climate resilient infrastructure will not handiest help comfy our destiny however additionally ward off weather-precipitated worldwide migration, meals safety crises and a cascade of similar demanding situations,” he said.

He burdened that the United States remained an crucial monetary and trade associate of Pakistan. “It is vital to provide alternate a lift with mutual efforts and collaboration among the personal sectors of the 2 nations and policy support of the government.”

He highlighted the funding possibilities available in Pakistan, together with the u . S .’s strategic location, tech-savvy younger population, a big middle elegance, phenomenal growth of tech sector and the special economic zones.

He emphasised that the United States company region ought to obtain exquisite dividends with the aid of production its merchandise in Pakistan and exporting them to the Middle East, Central Asia and even North Africa.

Khan apprised the USCC president that the government had constituted a special venture force to sell tech start-ups. He added that the authorities turned into targeted on addressing concerns of the non-public quarter both foreign and local to provide them an allowing environment for increase.

On the event, Clark expressed her deep condolences over the loss of existence and damages to the belongings because of devastating floods in Pakistan, inundating one-1/3 of the u . S . A . And razing vegetation and levelling infrastructure.

She said due to its unique strategic region, progressed protection state of affairs, a developing middle elegance, in particular the tech-savvy younger populace, Pakistan ought to become an attractive investment destination for america groups.

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