Pakistan Stock Exchange (PSX) organized a roundtable meeting with Khyber Pakhtunkhwa (KP) Minister of Finance & Health Mr. Taimur Khan Jhagra and business & industry leaders of Karachi at a local hotel in Karachi.
The meeting was convened to bring industry leaders, leading businesspersons and market participants together with the senior representatives of KP Government in order to discuss the prospects of investment, expanding industry, logistics, trade and business in the north-western province and the far-flung north-western parts of the country.
It is pertinent to mention here that the meeting followed a gong ceremony held at PSX on October 6, 2021 to mark the inauguration of PSX regional office in KP.
Welcoming the guests at the gathering, the MD PSX, Mr. Farrukh Khan, said, “I welcome you all and thank you for taking the time out from your busy schedules to participate in this important meeting where the Honourable Minister for Finance, Khyber Pakhtunkhwa, Mr. Taimur Jhagra and his team are here with us to meet with leading industrialists, business persons and market participants for expanding business opportunities in Khyber Pakhtunkhwa.”
He further stated, “The fact that we have such a senior team from the Pakhtunkhwa government coming to Karachi and meeting investors and business groups shows their seriousness and focus on the private sector as the engine of growth. As the third largest province of Pakistan contributing 10% to Pakistan’s GDP and 20% to the country’s mining output, Pakhtunkhwa has a diverse economy, ranging from forestry to agriculture to large scale manufacturing and tourism, and is a thriving part of Pakistan, providing excellent opportunities for investors and businesses.”
Speaking on the occasion, Mr. Taimur Jhagra stated that KP offered avenues for investment and initiating or expanding trading, business, or industrial activities as, in the recent developments, the provincial government gave incentives to create a conducive environment. “I invite all stakeholders present here to come to Khyber Pakhtunkhwa to have a first-hand, on-ground look at the possibilities and opportunities for progress there and take part in the growth story of the economy of Pakhtunkhwa,” he emphasized.
In her closing remarks, Lead of the KP PSX Initiative Ms. Maleeha Bangash noted that the meeting provided a great opportunity to explore business opportunities in the province. She hoped that the meeting would mark the commencement of partnerships, which would produce good results.
The Minister and the CEO KP Board of Investment answered the queries and commented on the suggestions and points made by industry leaders and businesspersons.
Special Assistant to KP Chief Minister on Industry & Finance Abdul Karim Khan, CEO Bank of Khyber Mohammad Ali Gulfaraz, CEO KP Board of Investment & Trade Hassan Butt, Chairperson PSX Dr. Shamshad Akhtar, PSX board members, leading PSX members, top industrialists, businessmen, market participants, and stakeholders also attended the meeting.
