Kuwait Keen to Enhance Investment in Pakistan, Focus on Energy and Trade
Kuwait has expressed strong interest in expanding its investment footprint in Pakistan, particularly in the energy, trade, and broader investment sectors, signaling growing confidence in Pakistan’s economic potential.
Federal Minister for Petroleum Ali Pervez Malik held a high-level meeting with Kuwait’s Minister of Finance and Chairman of the Kuwait Investment Authority (KIA), Dr. Sabih Al Khazim, during which both sides agreed to further strengthen bilateral economic cooperation.
During the discussion, the two leaders reaffirmed their commitment to deepening strategic relations between Pakistan and Kuwait. Dr. Sabih Al Khazim conveyed that the Kuwait Investment Authority is ready to invest in Pakistan, highlighting opportunities across key sectors, especially energy and trade.
Ali Pervez Malik stated that the Government of Pakistan is actively implementing measures to provide greater facilitation and confidence to foreign investors. He emphasized that policy reforms and investor-friendly initiatives are aimed at creating a stable and attractive business environment.
As part of his visit, the petroleum minister also met with Chairman of Meezan Bank Pakistan, Riaz Al Darasi. During the meeting, Ali Pervez Malik praised Meezan Bank for setting a strong example in promoting foreign investment and strengthening financial ties between Pakistan and international partners.
In another important engagement, the minister met with Walid Shamlan Ahmed, Director General of the Kuwait Fund for Economic Development. Discussions focused on development cooperation and the role of institutional partnerships in supporting Pakistan’s economic growth.
Highlighting the contribution of overseas Pakistanis, Ali Pervez Malik said that the Pakistani community abroad plays a vital role in supporting the national economy through remittances, investment, and professional expertise.
Later, Gulf Petroleum hosted a dinner in honor of the petroleum minister, attended by business leaders and members of the Pakistani diaspora. Addressing the gathering, Ali Pervez Malik underscored Pakistan’s commitment to expanding economic ties with Gulf countries and encouraging overseas Pakistanis to explore investment opportunities back home.
The minister’s visit to Kuwait included meetings with senior officials and a community engagement event hosted by prominent businessman Shamshad Khan Tanoli, further reinforcing Pakistan’s outreach to both investors and expatriates.
The engagements reflect Pakistan’s broader diplomatic and economic strategy to strengthen partnerships with Gulf nations and attract long-term foreign investment.