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- UAE has pledged significant investments in Pakistan, including a $10 billion commitment across multiple sectors
- A UAE-based firm also wants to invest in Karachi port to make it a critical hub for regional trade and logistics
ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan emphasized the early implementation of investment projects during a meeting with United Arab Emirates Ambassador Hamad Obaid Ibrahim Salem Al-Zaabi, according to Radio Pakistan on Thursday.
The UAE has pledged significant investments in Pakistan, including a recent commitment of $10 billion across multiple sectors such as information and communication technologies, artificial intelligence, renewable energy and tourism.
A UAE-based firm has also shown interest in investing in Karachi port infrastructure, making it a critical hub for regional trade and logistics.
Reporting on the UAE envoy’s meeting with the Pakistani minister, Radio Pakistan said they discussed bilateral trade and investment opportunities between the two countries.
“Talking to him, the Minister underscored the longstanding and amicable relations between Pakistan and the UAE, emphasizing the need to expedite key investment projects,” the report said.
Jam Kamal also discussed with the UAE envoy the Karachi-Pipri Freight Corridor Project, which aims to facilitate swift cargo movement from Karachi port to inland destinations in Pakistan.
The UAE is one of Pakistan’s key trade partners in the region and is regarded by the Pakistani government and exporters as a vital gateway to the Middle East.
The UAE’s strategic location, coupled with strong economic ties, facilitates the flow of Pakistani goods to broader Gulf markets.
Additionally, the significant Pakistani expatriate community in the UAE further strengthens this trade relationship, making the Arab state a major source of remittances for Pakistan.