News & Politics

Qatar Amir to Arrive in Pakistan with $22 Billion Investment Deals

Written by Noor
(Last Updated On: 19/06/2019)

Among the top goals of the current government is to take the country out of the economic crisis. In order to do this, they are striving hard to bring foreign investors to the country. They have encouraged the Islamic countries to step ahead in the name of cooperation and support. A positive approach has been witnessed coming from countries like Saudi Arabia, UAE, and Iran. The next friend to step in, in this time of crisis is Qatar. The good news is not very far now. The nation is going to get something really fascinating from the friend coming to pay a visit on Monday. This about to arrive, guest, is none other than the most awaited Amir of Qatar. The country was expecting his visit for quite some time. It is really great to learn that he will be the guest from Sunday.

As per the government notification, the Amir is expected to land in the federal capital on Sunday 23rd June. Amir of Qatar, Sheikh Tamim bin Hamad Al-Thani’s government shared is intentions regarding the visit to Pakistan on Monday, 17th June 2019. Although it is his first visit in this regime, what makes it more special is the fact that he is coming along with a huge investment that is likely to support the nation in the extreme times of financial crisis.

The agencies have stated that the Amir is likely to reach on Sunday. After reaching the country the Amir will be entering into the contract with the Government of Pakistan. This contract will include a huge investment of a total sum of $22 that will be further used in improving the situation in the vital sectors of the country. The process of foreign investment began earlier with the arrival of the Saudi investment that involved $20 billion.
The visit schedule only tells about the arrival of the Amir of Qatar. Further information is still not revealed. There is no detail shared about the length of the entire program. A high-level delegation is also accompanying the Amir to assist in various areas of collaboration and cooperation.

The plan of this upcoming visit was officially announced on the 16th of June by the Federal Minister for Planning and development Mr. Khusro Bakhtiar.

About the author

Noor

Noor Mani is senior tech correspondent and renowned professional writer from Pakistani local Newspaper Weekly Multan. She is a P.E.C accredited Electronics Engineer and has wide vision over technology and local media industry scope. She is now a Managing Editor at Web.PK.
You can email her at noor @ web.pk.