Islamabad, Aug 19: As part of the nation’s new five-year economic plan, Prime Minister Shehbaz Sharif has instructed all ministries to submit a $20 billion investment strategy for 94 important projects.
Each ministry will submit comprehensive recommendations for investment in these projects, according to sources who spoke with ProPakistani. These plans would subsequently be given to Gulf nations for possible funding.
According to sources, financial advisors will be hired by the federal government to evaluate the feasibility of these initiatives. With the help of these consultants, interested Gulf countries will examine the bids and fund projects that catch their eye and make sense financially.A variety of projects from the Ministries of Energy, Petroleum, Planning, Board of Investment, Water Resources, and Industries & Production will be available for investment.
As part of his larger five-year economic plan, the prime minister has directed the economic team to concentrate on raising foreign investment annually and optimizing external investment prospects. The ultimate investment plan, according to sources, will be made public in the upcoming weeks and incorporated into the prime minister’s economic program.
