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In a meeting with Senator Waqar Ahmed Khan Federal Minister for
Privatisation, Mr. Simon Barril Senior Managing Director of Macquaire Group of
UK has expressed to explore investment opportunities during an upcoming visit
to Pakistan, says a message received from London here today.
Senator Waqar Ahmed Khan Federal Minister for Privatisation is currently in UK
to meet and brief the heads of world’s top investment and business groups
regarding the Privatisation Program and the incentives being offered through
investment and privatisation policies.
The Minister stated that Pakistan has opened all the sectors for investment
and trade without any discrimination among the local and foreign investors by
providing level playing field, improving macro economic indicators through
consistency and continuity of economic, investment and trade policies and also
by making the tax system simple. Pakistan provides attractive Privatisation
and Investment Programmes with remarkable incentives for the local and the
foreign investors. The Privatisation Commission was interacting with the
private sector in various countries to create awareness regarding the
privatisation and investment opportunities available in Pakistan through
Public Private Partnership, he said.
Mr. Simon Barril Senior Managing Director of Macquaire Group of UK informed
the Minister that there was tremendous scope for his group to extend banking,
financial, advisory, investment and funds management services to Pakistan.
Macquarie’s main business focus was making returns by providing a diversified
range of services to clients as Macquarie acts on behalf of institutional,
corporate and retail clients and counterparties around the world, he added.
The Group operates in more than 70 office locations in 28 countries with
employees strength of 12,700 and asset management of $A216 billion.
Mr. Simon also appreciated the reconciliation process and political stability
through democratic process in Pakistan and paid tribute to Martyred leader
Mohtarma Benazir Bhutto and the present political leadership for reviving
political and economic stability.