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Shaikh Nahyan receives ‘Largest foreign investor of Pakistan’ award
By Muzaffar Rizvi

3 May 2008
DUBAI — The UAE Minister of Higher Education and Scientific Research Shaikh Nahyan bin Mubarak Al Nahyan, who is also Chairman of Abu Dhabi Group, has received the ‘Largest foreign investor of Pakistan’ award. This is the first ever award presented by the Pakistani private sector to an investment group.

Shaikh Nahyan received the award from Syed Naveed Qamar, Pakistan’s Federal Minister for Privatisation, Investment, Ports, Shipping, Industries and Production, at a Middle East Pakistan Agriculture and Dairy Investment Forum. The forum was held recently in Dubai to showcase investment opportunities in Pakistan’s dairy and agriculture sector to Gulf investors.

Addressing the forum, Shaikh Nahyan said agriculture is crucial to Pakistan’s economic prosperity. “Investment opportunities in agriculture sector are attractive. I encourage all potential investors to take a long-term view of Pakistan’s economy as one of the emerging markets of the world — a market where astute investors should want to establish and sustain a long-term presence.”

Abu Dhabi Group is one of the largest foreign Investors in Pakistan. The group’s investments include Bank Alfalah, Warid Telecom International, Wateen Telecom International and United Bank Limited, in addition to generous contributions in the health and education sector of Pakistan.

Al Nahyan paid rich tribute to Pakistan’s President Pervez Musharraf and Government of Pakistan for the success of Abu Dhabi Group’s operations in Pakistan.

“The president has been instrumental in creating a national economic environment that has allowed the Abu Dhabi Group, as well as other private investment groups, to function with efficiency and transparency in Pakistan.”

“The confidence of private sector is high and international investments are increasing. The challenge is to sustain the economic growth,” he said.

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