United States investors announced on Wednesday a billion-dollar investment in Pakistan.
According to details, Gentry Beach, the head of a delegation of US billionaire investors met journalists in Islamabad. Beach said: "There exists a wide range of investment opportunities in Pakistan."
"I believe that peace and prosperity are returning. Donald Trump and the people of Pakistan share the same vision," said Beach.
Speaking about former President Joe Biden’s administration, Beach said: "The Biden administration has maintained an inappropriate attitude for the last four years."
"There exist misunderstandings in the US about Pakistan. President Trump believes in economic diplomacy. This is the reason we have come here to invest billions of dollars," he said.
"We will invest in different sectors in Pakistan, including mining and real estate," Beach added.
He said: "There exist many opportunities for investment in energy, technology, and artificial intelligence (AI)."
"I am not a politician, so I cannot play any role in the relations and policies of the US administration," said Beach.
"I am a businessman and will look to play my role in economic diplomacy. I believe that there exist many exemplary investment opportunities in Pakistan," Beach added.
He maintained: "The economy plays a major role in bridging the gap between countries."
Beach acknowledged the interest shown by the people of Pakistan in public welfare.
"We will construct low-cost and luxury houses in the real estate sector,"* Beach added.
Speaking about Turkiye, Beach said: "Tall buildings in Turkiye are usually constructed faster using technology."
He acknowledged the efforts of Finance Minister Muhammad Aurangzeb and said: "The interest rate has dropped to a significant level due to the efforts made by Pakistan’s finance minister."
"We are going to sign various agreements with Pakistan in the next 10 days. Investing in real estate will be our topmost priority," Beach said.
He added: "We will also invest in the mining sector on a priority basis. We have ideas to invest in different sectors."
"We will also roll out luxury products in different sectors," said Beach.
He said: "We will outsource various products, including minerals, to China."
"No economy in the world is our enemy. However, engaging in economic activities in China has proven to be difficult," maintained Beach.
