Islamabad:
US Affairs Natalie Baker highlighted Pakistan’s potential as a dynamic investment destination during a webinar organized by the Business Council for International Understanding (BCIU) the other day.
The session brought together American and Pakistani business leaders, as well as representatives of financial institutions, to discuss the evolution of the economic landscape and the Pakistan reform program.
Louvant the efforts of the Sharif government to stabilize the economy and promote an environment adapted to investors, CDA Baker stressed the opportunities for American companies to play a central role in the support of long -term growth in Pakistan.
“Pakistan is the fifth largest country in the world, which houses 250 million people, with 64% of the population under the age of 30. It represents one of the most important and the youngest consumer markets in the world,” noted Baker. “Pakistan’s GDP amount to $ 412 billion, ranking 38th worldwide, but Goldman Sachs projections suggest that it could reach 3.3 billions of dollars by 2050, positioning it among the 10 to 15 savings worldwide.”
It highlighted several sectors ready for American investment, including critical minerals, information and communications technologies, agriculture, energy and infrastructure development.
Baker has also encouraged US companies to join the American team of foreign commercial services of the American mission Pakistan and to explore joint ventures with local counterparts.
“Let us enter this moment to create profitable opportunities for American companies, contribute to shared economic prosperity and strengthen the links between our two nations,” she concluded.
