Islamabad, Sep 2: The Pak-Kuwait Investment Company (PKIC) leadership met with Federal Minister of Finance and Revenue Muhammad Aurangzeb to talk about the joint venture’s strategic goals and future plans in Pakistan.
The Pak-Kuwait Investment Company has been lauded by the finance minister for its strategic contributions to Pakistan’s economy, particularly in areas that are essential to the country’s long-term development.
The minister praised PKIC in particular for taking a proactive stance in incorporating Islamic financing into its operations, pointing out that this strategy is consistent with Pakistan’s development ambitions as well as the more general objectives of moral and sustainable growth.
In his overview of the PKIC’s current portfolio, Saad ur Rehman Khan focused on the organization’s real estate initiatives, which use Islamic finance structures to fund large infrastructure projects that meet Pakistan’s investment needs while upholding Islamic principles to draw in a wider range of investors.
The talks also emphasized PKIC’s commitment to helping Pakistani small and medium-sized businesses (SMEs). Both parties stressed the importance of ongoing cooperation and support to increase the success of these joint ventures in their closing remarks.
Senior officials from the Finance Division, the Finance Secretary, and Saad ur Rehman Khan, Managing Director of Pak-Kuwait Investment Company, were present.
