PM hints at Qatar’s $3bn investment plan, IT park in Pakistan

ISLAMABAD (APP): Prime Minister Shehbaz Sharif on Monday apprised the cabinet members of the outcome of his recent visits to Saudi Arabia and Qatar, terming these “successful and productive”.

The prime minister said that he held very productive and useful consultations with the leadership of Saudi Arabia and Qatar wherein different subjects such as solar energy, mines, minerals and IT sectors were thoroughly discussed.

He said a delegation of Qatar Investment Authority would soon visit Pakistan as Qatar had announced to invest $3 billion in Pakistan.

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He said that Saudi Crown Prince Mohammed bin Salman, during a meeting, told him that there was immense potential of IT trained people and asked him to send the skilled people from Pakistan to the Kingdom since they required it.

Amir of Qatar also hinted at setting up an IT park in Pakistan, he said.

The prime minister said that Pakistan and Azerbaijan had also agreed to enhance the bilateral investment to $2 billion in diverse fields.

He said the understanding between the two countries was reached during a visit of Azerbaijan President Ilham Aliyev in the shape of signing of agreements and memorandums of understanding (MoUs).