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Qatar to invest $3 billion in Pakistan following PM Shehbaz Sharif’s official visit

News Desk

Aug 25

The state-owned investment fund of Qatar plans to invest $3 billion in Pakistan, an official statement from the office of Qatari Emir Sheikh Tamim bin Hamad al-Thani said on Wednesday, August 24.

The administrative office of Qatar’s emir released the statement as Prime Minister (PM) Shehbaz Sharif held official talks with Tamim bin Hamad al-Thani in Doha after a meeting with the sovereign fund official the day before.

In the statement, the $450 billion Qatar Investment Authority announced its “aspiration to invest $3 billion in various commercial and investment sectors in the Islamic Republic of Pakistan”.

The PM thanked the Qatari Emir for his hospitality and the $3 billion investment in Pakistan.

Shehbaz Sharif is returning to Pakistan today, August 25, after his two-day official visit to Qatar.

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