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Pak invites French companies to invest in diverse sectors

ISLAMABAD: Pakistan has invited French companies to invest in the food industry, pharmaceuticals, skill development and railways sectors.

Minister of State for Finance Rana Muhammad Afzal made the offer during his meeting with French Ambassador Marc Barety in Islamabad on Friday.

He said that Pakistan’s fast growing economy is opening new avenues for investment. He said that the government would continue to facilitate such initiatives.

The French Ambassador hinted at the possibility of greater involvement of the French Development Bank (AFD) in the project financing in Pakistan. Presently, the Bank is providing financing worth about 100 to 150 million Euro per annum.

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