Govt to Assess Qatar’s Intent to Invest in Pakistan

Pakistan is going to approach Qatar to assess the latter’s intent to invest in Pakistani’s aviation sector and other areas as discussed during a meeting between Prime Minister Imran Khan and the Emir of Qatar, according to Business Recorder.

This decision was taken at one of the recent Cabinet meetings when the issue of delegation of power-amendment in Civil Aviation Rules, 1994 came under discussion.

According to sources, members of the Cabinet raised the matter of Qatari investment in the aviation sector. It was emphasized that the policy relating to private investment and partnership needs to be clear to attract foreign investment. It was further suggested that the invitations for ‘expression of interest’ made in the past needed to be reviewed to see whether they provided sufficient incentives for investors. The EOIs will be shared with the Board of Investment for feedback.

The federal capital was abuzz with speculation at the end of the Qatari Emir’s visit to Pakistan earlier this year that he was unhappy at Prime Minister Imran Khan’s refusal to consider providing some relief to the Sharif family.

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