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US trade leaders see investment prospects in Pakistan

Sugarcane

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WASHINGTON: The United States business experts at a roundtable discussion said that Pakistan’s vast economic potential anchored on the entrepreneurial spirit of its people and expanding market and promising investment climate make it an attractive place for business ventures, according to a statement on Saturday.

The discussion was organised by Partners for a New Beginning (PNB) Secretariat at the Aspen Institute in New York on the subject of entrepreneurship and investment in Pakistan, in collaboration with the Morgan Stanley and Abraaj Capital, it said.

Over 75 representatives from the US government, the Embassy of Pakistan in Washington, Consulate General of Pakistan in New York, USAID, OPIC, OPEN, APF, banking and financial institutions, hedge funds and entrepreneurs from the private sector and the NGO community convened to discuss opportunities for entrepreneurship and investment in Pakistan.

There was a clear agreement among participants that while news reports from Pakistan often focus on violence and governance issues, it has quietly become a potential investment location due to its strong middle class “ the fourth largest in Asia “ and its energetic entrepreneurial environment, it said.

The conversation highlighted leaders from private sector, the US and Pakistani governments and the impact investment community to share success stories and lessons learned for investing in this growing market.

Morgan Stanley, member of the PNB Steering Committee, spoke of the company’s commitment to PNB and its model of engagement. They gave special emphasis to their global sustainable finance unit, which includes investing with impact, an initiative that was launched earlier this year at a US State Department event.

Focusing on opportunities in the small and medium enterprise sector, Abraaj Capital’s Tom Speechley spoke of why his firm is so bullish on the market in Pakistan.

US trade leaders see investment prospects in Pakistan - thenews.com.pk

And here comes uninvited ultra shinny self-styled incredibly super analysts :sick:
 
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