Finance Minister Reviews Progress of Joint Venture Investment Companies

Federal Minister for Finance Muhammad Aurangzeb chaired a review meeting with representatives from Pak-Brunei Investment Company Limited (PBICL) and Saudi-Pak Industrial and Agricultural Investment Company (SPI&AIC). The meeting focused on evaluating the progress, challenges, and future directions of these joint venture investment companies.   

The CEOs of both companies presented their respective companies’ portfolios and major initiatives in Pakistan. PBICL highlighted its contributions to promoting economic cooperation between Pakistan and Brunei through investments in various sectors. SPI&AIC emphasized its focus on Islamic finance, food security, digital finance, trade, and agriculture.

The meeting discussed various aspects of the companies’ operations, including investment strategies, performance, and challenges. The finance minister appreciated both companies’ achievements and stressed the government’s commitment to creating an enabling environment for private sector investment. He recognized the crucial role of joint venture companies in driving economic growth and attracting foreign direct investment.

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