Sulman Badshah
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Investment Firm behind Tesla considers Pakistan as an attractive investment
I.C.Y.D.K» WORLDBy Sadaf Sher / December 23, 2015
Owing to the strategic geographical position of Pakistan, its productivity and competitive market, Pakistan is a suitable country for any nation to put their investments in. Investment of foreign capital in local enterprises can prove to be the greatest asset for Pakistan in terms of revenue generation, profit building and hence prospering economically in the competing world markets.John Malloy, a senior fund manager at London-based investment firm RWC who is also backing a Taiwanese car manufacturer HOTA, is generating about 16% of revenue due to its investment in Tesla motors. Tesla is a leading American automobile company known for manufacturing and selling luxurious electric cars and batteries.
Malloy has pointed out and regarded Pakistan as an attractive site for investment while saying that,
Pakistan is benefiting from the Chinese Maritime Silk Road policy, which aims to strengthen economic cooperation between the two countries.
We all are well aware of the fact that China is investing a huge sum of money in different projects put together in the China-Pakistan Economic Corridor. Approximately $11 billion are being said to be invested by China through Exim bank in the combined efforts of an infrastructure project. This is beneficial for both the countries in terms of social and economic growth.
According to the ‘Citywire Global’ John Malloy further emphasized that “In the last few years about $50 billion of Chinese investments have flowed into Pakistan, most of it in such sectors like infrastructure, utilities, electricity, and power.” This also shows that the economic corridor is drawing the attention of the foreign world already. Generating the chances of boosting investment and growth in the years to come.
He also said that:
The country had a successful IMF program and demonstrated 6-7% growth despite the recent sell-off in emerging markets.
According to a survey by Dawn, Pakistan’s Gross Domestic Product grew 4.2 PC for the fiscal year 2014-15. Which shows a sudden rise after years of stagnancy. Considering the ongoing situation of Pakistan, the expansion in GDP by 4.14 percent in the year 2014 is not only appreciable but is building hope as well.
This slow but gradual increase in the economy shows that against all odds, Pakistan is striving hard to uphold and sustain its economic growth. Any country can make lots of money by investing in different sectors of Pakistan. Major among which are Energy, Luxury Cars, and auto spare parts etc.
Pakistan has a great scope for getting into the world’s largest economies only if it stabilizes the unstable political scenarios and the ever worsening social situations. Once the stability has been achieved the foreign world will come flooding to Pakistan for investment thereby uprising the status of Pakistan to highly economical countries of the world.
Such statements mentioned above by those investing in leading US Companies like Tesla, are surely encouraging and motivating for a country like Pakistan who is degraded on many forums due to the unstable situation of the country. Pakistan has the potential of becoming world’s largest economic country only if Such and many investments hit our market.
I.C.Y.D.K» WORLDBy Sadaf Sher / December 23, 2015
Owing to the strategic geographical position of Pakistan, its productivity and competitive market, Pakistan is a suitable country for any nation to put their investments in. Investment of foreign capital in local enterprises can prove to be the greatest asset for Pakistan in terms of revenue generation, profit building and hence prospering economically in the competing world markets.John Malloy, a senior fund manager at London-based investment firm RWC who is also backing a Taiwanese car manufacturer HOTA, is generating about 16% of revenue due to its investment in Tesla motors. Tesla is a leading American automobile company known for manufacturing and selling luxurious electric cars and batteries.
Malloy has pointed out and regarded Pakistan as an attractive site for investment while saying that,
Pakistan is benefiting from the Chinese Maritime Silk Road policy, which aims to strengthen economic cooperation between the two countries.
We all are well aware of the fact that China is investing a huge sum of money in different projects put together in the China-Pakistan Economic Corridor. Approximately $11 billion are being said to be invested by China through Exim bank in the combined efforts of an infrastructure project. This is beneficial for both the countries in terms of social and economic growth.
According to the ‘Citywire Global’ John Malloy further emphasized that “In the last few years about $50 billion of Chinese investments have flowed into Pakistan, most of it in such sectors like infrastructure, utilities, electricity, and power.” This also shows that the economic corridor is drawing the attention of the foreign world already. Generating the chances of boosting investment and growth in the years to come.
He also said that:
The country had a successful IMF program and demonstrated 6-7% growth despite the recent sell-off in emerging markets.
According to a survey by Dawn, Pakistan’s Gross Domestic Product grew 4.2 PC for the fiscal year 2014-15. Which shows a sudden rise after years of stagnancy. Considering the ongoing situation of Pakistan, the expansion in GDP by 4.14 percent in the year 2014 is not only appreciable but is building hope as well.
This slow but gradual increase in the economy shows that against all odds, Pakistan is striving hard to uphold and sustain its economic growth. Any country can make lots of money by investing in different sectors of Pakistan. Major among which are Energy, Luxury Cars, and auto spare parts etc.
Pakistan has a great scope for getting into the world’s largest economies only if it stabilizes the unstable political scenarios and the ever worsening social situations. Once the stability has been achieved the foreign world will come flooding to Pakistan for investment thereby uprising the status of Pakistan to highly economical countries of the world.
Such statements mentioned above by those investing in leading US Companies like Tesla, are surely encouraging and motivating for a country like Pakistan who is degraded on many forums due to the unstable situation of the country. Pakistan has the potential of becoming world’s largest economic country only if Such and many investments hit our market.
