Hafeez invites General Electric to invest in Pakistan


Federal Minister for Finance Dr Abdul Hafeez Shaikh on Thursday invited General Electric Company (GE) to invest in
Pakistan, particularly in sectors the company had global expertise in- such as aviation, transport, railways, energy and alternate energy.
A delegation led by GE Vice Chairman John Rice called on Shaikh and expressed the company’s keen interest for investment in various sectors in Pakistan, in particular supplying locomotives for Pakistan Railways and setting up of a wind energy projects apart from exploring other investment areas.
The minister informed the delegation that Pakistan offered a
favourable environment for foreign investment and assured full support and facilitation of the government for investment by GE in Pakistan.
Rice expressed his gratitude towards the government and in particular the finance minister for providing attractive opportunities of foreign investment in the country.
He thanked Shaikh for his continuous support towards the private sector, attracting investment by guiding foreign investors and ensuring a business-friendly environment.