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Qatar to invest $22 bln in Pakistan

ISLAMABAD: Qatar is expected to announce big investment in Pakistan during the visit of Emir Sheikh Tamim bin Hamad Al-Thani’s visit.

Emir of Qatar is visiting Pakistan on Sunday (June 23) with top official. He will hold talks with Pakistani leadership during his stay in the country.

The $22 billion investment from the Gulf state would have positive impact over the economy of Pakistan, economists said.

Prime Minister Imran Khan, in his tweet, said: “This comes as a second major investment in the country after the Kingdom of Saudi Arabia had announced to invest $21 billion in Pakistan in three phases under its investment plan.”

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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.