Singapore’s investment in Pakistan reaches $2bn

Posted by Blog Sheikh on August 30, 2007

Link: Singapore’s investment in Pakistan reaches $2bn

Sajjad Ashraf, Pakistan High Commissioner in Singapore, has said Singaporean firms have invested almost $2 billion in Pakistan and the figure could go up to $3 billion as a result of sustained efforts in the future.

Sajjad Ashraf said firms from Singapore until now have invested in a number of sectors including telecommunication, banking and Gawadar seaport. He said Singtel had already invested $ 785 million in telecommunication and could invest more in future. He pointed out that Singtel was a big telecommunication firm having investments in India, Mauritius, and some other countries.

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