DAVOS, Jan 23 (APP): President Pervez Musharraf, who arrived here on Wednesday to attend the annual meeting of the prestigious World Economic Forum held meetings with a number of prominent business leaders of the world.The President held meetings with Lloyd Blankfein, the CEO/Chairman of the Goldman Sachs Group Inc. USA, Jeroen van der Veer, the CEO of the Royal Dutch Shell, Netherlands and Paolo Scaroni, the CEO of the Eni (Ente Nazionale Idrocarburi), Italy.
President Musharraf briefed the business leaders about the investment climate and opportunities in Pakistan for foreign investors.
He particularly highlighted the incentives offered by the government of Pakistan to foreign investors.
Underlining the countrys recent high growth trajectory and the favorable cost of production and location in the region, the President stressed that more than 600 multi-national companies (MNCs) were already profitably operating in the country, with foreign investment touching the record level of US $ 8.4 billion in the financial year 2006-07.
He also made a special mention of the governments firm resolve to stay on course of reforms and promote policies of deregulation, liberalization and privatization.
The businessmen thanked the President and expressed their appreciation for Pakistans recent robust economic growth.
The CEOs of the Royal Dutch Shell and the Eni apprised the President of their respective companies existing activities and future investments plans in the country.
The CEO/Chairman of the Goldman Sachs expressed his groups deep interest in benefiting from the business climate prevailing in Pakistan.
The Goldman Sachs Group Inc., headquartered in New York, is among the worlds leading investment banking, securities and investment management firms. Founded in 1869, the Group has its offices in important financial centers all over the world.
The Shell, a global group of energy and petrochemical companies, is active in more than 130 countries. It has been operating in Pakistan for over three decades now.
The Eni Group, which operates in 70 countries, is mainly active in the exploration, extraction, production and distribution of oil and natural gas.
The enhanced involvement and interest of worlds leading business concerns in Pakistan is a manifestation of the trust that foreign investors repose in the economic policies of the country.
Later in the evening, the President gave interviews to the Wall Street Journal and the financial times.
Source: APP
President Musharraf briefed the business leaders about the investment climate and opportunities in Pakistan for foreign investors.
He particularly highlighted the incentives offered by the government of Pakistan to foreign investors.
Underlining the countrys recent high growth trajectory and the favorable cost of production and location in the region, the President stressed that more than 600 multi-national companies (MNCs) were already profitably operating in the country, with foreign investment touching the record level of US $ 8.4 billion in the financial year 2006-07.
He also made a special mention of the governments firm resolve to stay on course of reforms and promote policies of deregulation, liberalization and privatization.
The businessmen thanked the President and expressed their appreciation for Pakistans recent robust economic growth.
The CEOs of the Royal Dutch Shell and the Eni apprised the President of their respective companies existing activities and future investments plans in the country.
The CEO/Chairman of the Goldman Sachs expressed his groups deep interest in benefiting from the business climate prevailing in Pakistan.
The Goldman Sachs Group Inc., headquartered in New York, is among the worlds leading investment banking, securities and investment management firms. Founded in 1869, the Group has its offices in important financial centers all over the world.
The Shell, a global group of energy and petrochemical companies, is active in more than 130 countries. It has been operating in Pakistan for over three decades now.
The Eni Group, which operates in 70 countries, is mainly active in the exploration, extraction, production and distribution of oil and natural gas.
The enhanced involvement and interest of worlds leading business concerns in Pakistan is a manifestation of the trust that foreign investors repose in the economic policies of the country.
Later in the evening, the President gave interviews to the Wall Street Journal and the financial times.
Source: APP
