‘Friends’ urged to invest in Pakistan

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A prominent Pakistani-American business leader has said Islamabad’s powerful friends should come together with an international initiative to bring investment into Pakistan in a big way in order to revive the country’s economy as well as help regional stability. Nasimuddin Mirza, chairman of Nazu Group America, said that the United States, China, Saudi Arabia and the Arab Gulf nations all have a major stake in South Asian peace and stability post-2014.
Therefore, he proposed, all these economic powers should lead an effort to form some kind of international consortium or platform that attracts public and private investment in Pakistan’s key energy, industrial, tourism, financial services and agro-based industrial sectors.
Pakistan will remain the key to stability in the region, when the US-led forces end combat in Afghanistan – Washington should make it a priority between now and the end of 2014 that Pakistan revives its economy as that will also benefit Afghan peace and stability, the entrepreneur, who has business concerns in five countries, argued in an interview.