Foreign companies ready to invest hundreds of millions in Pakistan: PM

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ISLAMABAD: Foreign companies are willing to invest hundreds of millions in Pakistan which means that the conditions here are improving, said Prime Minister Imran Khan on Thursday.

The prime minister was addressing a meeting of the federal cabinet. Prime Minister Imran Khan praised the performance of his ministers and said that they had all come through after the first 100 days.

“The finance ministry and the ministers on economy have done a good job,” he said. “Many companies are willing to invest in Pakistan. Would this be the case if conditions for investment here were not improving?”

The prime minister said that ExxonMobil, the multinational oil and gas exploration company, had agreed to come to Pakistan after 27 years.

“Foreign companies such as Coke and Pepsi have also agreed to invest hundreds of millions,” he said, to applause by the ministers present.

On the subject of peace in Afghanistan, the prime minister said that Pakistan had been fighting wars for other countries, something it should not have done.

“Pakistan is playing its role, instead of doing more we wanted a political settlement in Afghanistan,” he said.

Prime Minister Imran Khan said that he had spoken to the leadership of Saudi Arabia regarding peace in Yemen. He said that Pakistan wished for peace and stability in the region.