ISLAMABAD: The business community of Egypt has expressed a desire to invest in Pakistan, Mr. Tarek Hamdy, CEO of Eighteen Elite Real Estate stated during a meeting with Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar, said a press release issued here.
During the meeting, Mr. Tarek Hamdy briefed the minister on the company’s profile which is a subsidiary investment project of prominent Egyptian businessman Mr. Naguib Sawiris and his future investment plans in Pakistan.
It was shared that the Egyptian investor has long-standing business relations with Pakistan in the telecommunication and real estate sectors and desires to promote this relationship deeper.
Ishaq Dar welcomed and appreciated the contribution of Egyptian businessman Mr. Naguib Sawiris and added that the present government welcomes foreign direct investment and provides a conducive environment for foreign investors.
He further said that the present government is providing maximum facilitation and a friendly environment to encourage foreign businessmen to avail investment opportunities in Pakistan.
Finance Minister Senator Ishaq Dar committed full support and facilitation to Egyptian Investments in Pakistan.
