‘World sees Pakistan as emerging economy’

KARACHI: Ahsan Iqbal, Federal Minister for Planning Development and Reforms said Pakistan had been changed into a different and a progressing country with potential for foreign and local investors to expand their businesses.
Speaking as chief guest at the 11th CEO Summit Asia 2015 on Friday, Ahsan Iqbal said Pakistan had become the world’s new emerging economy.
The federal minister said the corporate sector and masses should alter their approach towards Pakistan as positive in tandem with visible development and the peaceful scenario across the country, which was made possible with the efforts of the democratic government.
He added the world was witnessing Pakistan as an important player in the region with the Chinese mega investment plans, which would help integrate closer to Central Asian countries. “China Pakistan Economic Corridor (CPEC) will bring development and prosperity in the country with an investment of $40 billion by the Chinese investors in the power sector along with $5 billion investment in infrastructure and networks of roads and bridges,” he said.
Ijaz Nisar of CEO Club said the summit was an ideal opportunity for building relationships with peers and colleagues who could share information, insights, and inspiration.