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DPM Stresses the Importance of Finalizing Strategic Projects to Strengthen Economic Ties

ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar on Monday emphasized the urgent need to finalize strategic projects that are vital for Pakistan’s economic growth and its relationship with partner countries. During an inter-ministerial meeting focused on investment cooperation with friendly nations, he reaffirmed Pakistan’s commitment to deepening economic ties and expanding sectoral partnerships with its global allies.

Senator Dar underscored the significance of aligning the country’s strategic initiatives with the ongoing global economic trends to create a favorable investment environment. The meeting, attended by senior officials from key government ministries, including the Special Investment Facilitation Council, Ministry of Foreign Affairs, Ministry of Information Technology, Petroleum, National Highways Authority, Finance, Communications, and other relevant departments, provided a platform to review and discuss critical investment proposals in various sectors.

The main focus of the meeting was to prioritize projects related to energy, infrastructure, trade, and technology, which are seen as pillars for strengthening Pakistan’s economy and improving international relations. These strategic sectors have the potential to bring long-term benefits, boosting Pakistan’s global standing and enhancing its trade relations with key partners.

The government has been actively working to enhance investment opportunities by focusing on transparent and efficient project execution. The meeting also highlighted Pakistan’s desire to foster deeper collaborations with international investors, particularly in energy production and renewable energy solutions, which are crucial for meeting the country’s growing energy demands.

Additionally, efforts to improve infrastructure, including road networks and transportation, were discussed as part of the broader strategy to modernize the nation’s economy and create new economic hubs. The development of technology sectors, including IT and digital transformation, is also being prioritized to increase Pakistan’s competitiveness in the global market.

Senator Dar noted that these projects would not only improve Pakistan’s economic outlook but also create job opportunities, encourage technological innovation, and elevate the country’s position as a key player in regional and international markets.

The Deputy Prime Minister called on all relevant departments to expedite the process of finalizing these strategic projects to ensure timely delivery. He reiterated that the successful implementation of these initiatives is crucial for boosting investor confidence and reinforcing Pakistan’s economic resilience in the face of global challenges.

In conclusion, the inter-ministerial meeting reaffirmed Pakistan’s commitment to working closely with its global partners to achieve mutual growth and stability through collaborative investments in key sectors.

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