QIA is one of the largest sovereign wealth funds in the world.
Qatar Investment Authority (QIA), worth $445 Billion, is considering an investment of up to $3 billion in key sectors of Pakistan’s economy.
According to the news reported by Bloomberg, the major chunk of the investment will be in Islamabad and Karachi airports. Other sectors that may receive sizable investments include the renewable energy and power sectors and the hospitality industry.
On Tuesday, PM Shehbaz Sharif, who is currently on a two-day official visit to Qatar, met with a delegation of the Qatar Investment Authority, one of the largest sovereign wealth funds in the world.
As part of the event, several presentations were made by the relevant ministries highlighting the potential of foreign investment. The prime minister invited them to invest in Pakistan’s energy, aviation, agriculture and livestock, maritime, tourism, and hospitality sectors.
The QIA delegation has expressed keen interest and readiness to actively pursue investment opportunities in Pakistan according to resources.
