Despite the fact that Pakistan is the third largest supplier of home textiles to the United States, exports to and from the country remained stable at the peak of the COVID-19 epidemic.
On Monday, Governor Sindh Imran Ismail presided over an investment webinar at the Governor’s House. The webinar was co-hosted by the Consulate General of Pakistan in Los Angeles, USA. It gave a chance to directly coordinate with foreign Pakistani investors in the United States. Abdul Jabbar Memon stated in his introductory remarks that the webinar will allow people to share their experiences and learn from one another.
Despite the impact of COVID-19, Sindh Governor Imran Ismail stated that Pakistan’s economy remained resilient. He underlined that Pakistan is an excellent investment destination due to its geopolitical importance, vast natural and human resources, and strong policy and structural changes. The Governor also emphasised the issuance of green bonds, which have been warmly received by foreign investors and Pakistanis.
In the previous three years, the IT industry has grown at a rate of more than 70%. E-commerce is one of the driving forces behind this expansion, with the industry growing by more than 30% in 2021 alone. Representatives from Islamabad and Karachi investment and trade agencies and offices addressed the business climate and prospective sectors for investment, as well as the availability of Special Economic Zones (SEZs) for investors.