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Monday, May 9, 2011

Pakistan Has Huge Scope for Foreign Investments: Cameron Munter

KARACHI: US ambassador to Pakistan Cameron Munter said that Pakistan possess big opportunities of foreign investment, and investors are keen to come in Pakistan for investment in various sectors.

He expressed these views during his meeting with Chief Minister Sindh Syed Qaim Ali Shah at CM house on Monday. He was accompanied by Consul General based at Karachi William Martin and other diplomats.
Chief Minister Sindh warmly welcomed the USA Ambassador and apprised him pace of development in Sindh, keeping in view the rehabilitation and restructuring efforts after heavy floods of last year with the result people has suffered a lot and economy of the province was ruined. He said that the floods were unprecedented and government has initiated rehabilitation and reconstruction of affected people and areas for which different countries had extended full support. He added that there are increasing opportunities of energy sector while inspite of rains and floods, there was bumper crop of wheat and Sindh Government had exported big quantity of wheat. Syed Qaim Ali Shah said that Sindh Government was giving full attention towards maintenance of law and order in the province, and concerted efforts are being made to curb the activities of criminals and anti-state elements so as to attract foreign investment in the province.
The USA Ambassador Cameron Munter said that Pakistan possess big opportunities of foreign investment, and investors are keen to come in Pakistan for investment in various sectors. He added that there is congenial atmosphere for furtherance of relations between Pakistan & USA, and those relations will further be strengthened.
On the occasion, Chief Minister Sindh presented cultural items of Ajrak, Sindhi Cap, Khais to USA Ambassador to Pakistan. He also presented shield of C.M House to him. Online