DAVOS – Prime Minister Shahid Khaqan Abbasi met Mr. Jermy Weir, CEO, Trafigura and Pierre Eladari, CEO, Puma Energy at the World Economic Forum (WEF) in Davos on Thursday. Special Assistant to the Prime Minster, Ali Jehangir Siddiqui and senior government officials were also present during the meeting.
The prime minister appreciated their current investment in Pakistan and invited to further expand investments in Pakistan in diverse sectors. He said that the present government has established liberal and attractive policies for international investors and ease of doing business framework is in place.
He further stated that Pakistan has achieved significant economic stability and improved law and order situation that has boosted the confidence of local and foreign investors to invest in Pakistan.
The government has undertaken mega energy projects to address the energy issue faced by the county, emphasized PM Abbasi. The prime minister assured them that the market holds a lot of potential for their business.
Both the CEOs thanked the prime minister and expressed hope to further expand operations. They acknowledged the government’s pro-investment policies and indicated actively looking at new investment opportunities in the liberal policy environment and a supportive regulatory regime.
In 2017 Trafigura joined Pakistan Gas Port Limited as an investor and Puma Energy recently acquired a 51% interest in Admore Gas.
