Overseas Pakistanis willing to invest billions

Dr Mubasher Chaudhry, a well-known American businessman of Pakistani origin and leader of the Democratic Party of America, said on Wednesday that overseas Pakistanis, if properly facilitated, were ready to invest billions of dollars in Pakistan. In a meeting with the Pakistan Economic Reporters Association at the Lahore Chamber of Commerce and Industry (LCCI), Chaudhry noted that Pakistan-US relations were improving and there was a need to increase trade by removing obstacles. He stressed that billions of dollars of investment could be brought through overseas Pakistanis but to pave the way for that it was necessary to provide them with facilities, security and justice, where needed. He added that political stability was inevitable for economic stability and all institutions should be on the same page to improve economic conditions in the country. Published in The Express Tribune, August 17th, 2023. Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.