RECORDER REPORT

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi has invited the Malaysian investors to invest in different sectors of Pakistan including information technology, energy, Halal food, oil and gas, and construction of inexpensive houses, Foreign Office said.

According to the statement, the foreign minister was talking to the business community at a reception in Kuala Lumpur on Monday. Qureshi is currently on a two-day visit to Malaysia on the invitation of his Malaysian counterpart Saifuddin Abdullah.

Qureshi said that Pakistan’s economy is now heading towards stability as a result of difficult decisions taken by the PTI government. He said that the PTI government’s ‘positive’ economic policies have restored confidence of foreign investors and it is the first time in the last three years that the volume of investment has reached $ 340 million.

He said the government is undertaking sincere efforts to ensure ease of doing business and this is the reason that the World Bank has declared Pakistan amongst the top ten improvers in the ease of doing business.