Overseas Pakistanis’ remittances backbone the economy, Sheikh

Federal Minister Qaiser Ahmed Sheikh Receives Exceptional Welcome in Manchester; Engages UK-Pakistani Community and Global Stakeholders

Manchester (GNP) : Federal Minister for Board of Investment, Qaiser Ahmed Sheikh, received an exceptional and warm welcome during his visit to Manchester, United Kingdom, where he attended a prestigious gathering on the sidelines of his participation in a Commonwealth conference.

Despite a demanding official schedule, the Federal Minister took time to visit Manchester and Birmingham to engage with the vibrant and influential overseas Pakistani community. Manchester, widely recognized as a hub of influential, successful, and dynamic individuals, hosted the Minister at a distinguished event held at Dean House, graciously organized by Mr. Naveed Dean, Chairman of Supreme Finance UK.

The high-profile gathering brought together an illustrious group of participants, including British parliamentarians. Yasmin Qureshi, Afzal Khan, and Connor Byad, alongside diplomats, members of the judiciary, medical professionals, and prominent business leaders.

In their addresses, the British parliamentarians commended and congratulated the Federal Minister, paying glowing tribute to his outstanding contributions toward promoting Pakistan’s trade and investment landscape. They also acknowledged his philanthropic efforts aimed at uplifting underprivileged segments of society, describing him as a committed advocate of community welfare both within Pakistan and internationally.

Qaiser Ahmed Sheikh is widely regarded as one of Pakistan’s most respected political figures and a champion of inclusive economic growth and social responsibility.

Federal Minister expressed heartfelt gratitude to the Pakistani diaspora for their warm hospitality. He noted that Manchester is home to a large number of influential Pakistani-origin individuals, including members of the UK Parliament, lords, mayors, civic leaders, and successful entrepreneurs. He emphasized that the contributions of overseas Pakistanis, particularly through remittances, continue to serve as a backbone of Pakistan’s economy.

Highlighting the enduring relationship between Pakistan and the United Kingdom, the Minister stated that both countries share a historic and special bond dating back decades. He noted that Pakistan has remained a significant trading partner of the UK since its independence in 1947, and the deep-rooted ties between the two nations continue to strengthen over time under the leadership of Prime Minister Muhammad Shehbaz Sharif.

The Minister underscored that Pakistan has now emerged as a highly attractive destination for international investment, offering substantial government incentives and competitive returns. He emphasized that investor confidence in Pakistan is steadily growing due to supportive policies and a facilitative business environment.

He outlined key sectors presenting immense potential for investment, including agriculture, information technology, textiles, real estate, oil and gas, chemical industries, and import-export trade. He urged international investors—particularly members of the overseas Pakistani community—to explore these opportunities and actively contribute to Pakistan’s economic growth.

The Federal Minister also highlighted Pakistan’s growing role on the global stage, noting with pride the country’s diplomatic efforts in promoting peace and stability. He appreciated the leadership of Field Marshal Syed Asim Munir for his dedicated efforts in fostering regional stability and contributing to global peace initiatives, which have been widely acknowledged by the international community.

Reaffirming the Government’s commitment, the Minister assured full support and facilitation to investors and stakeholders seeking to engage with Pakistan’s economy.

The Board of Investment remains steadfast in its commitment to promoting Pakistan as a premier investment destination and to facilitating sustainable economic growth through strategic partnerships and investor-friendly policies.