UAE’s BMS International to Invest $3 Billion In Pakistan

One of Sheikh Saeed Bin Khalifa Al Nahyan’s Royal Group Companies, BMS International Commercial Investment LLC has shown interest in investing in Pakistan’s different economic sectors to the tune of $3 billion, with a concentration on real estate.

BMS International Commercial Investment’s chairman, Louai Mohammed Ali made the commitment to invest in the real estate development, energy, agriculture and fisheries, hospitality and leisure, as well as the healthcare and education sectors of the South Asian country.

Ali made the commitment in a letter to the chairman of the Subhani Group, Hamid Subhani, which was obtained by Arab News.

Hamid Subhani recently told Arab News that they discussed investment opportunities with BMS International Commercial Investment’s chairman in Abu Dhabi, who assured them of his company’s plans to invest in Pakistan.

Subhani said that his Group is organizing an event in Islamabad to attract investments from the United Arab Emirates and other countries in the Gulf. He said that in this respect, they are organizing the International Symposium, the Pak-UAE Property Show, and the Year of Zayed.

Subhani also said that the Board of Investment, the Tourism Development Corporation of Pakistan, and Baluchistan officials have been invited to submit proposals for projects where funding is required.

Subhani said that during the symposium, the viability of different projects will be discussed with investors, and projects receiving interests will be selected for funding.

April 26th to 28th are the days the organizers are looking to arrange the Pak-UAE Property Show. They are hoping to turn it into a huge event, and expect over 80 exhibitors and 8,000 trade visitors to take part in the forum.

Subhani said that senior government functionaries, buyers, investors, foreign dignitaries and diplomats, decision makers, businessmen, stakeholders, international and Pakistani investors, engineers, architects, designers, town planners, and decorators are all expected at the show.

Leave a Reply

Your email address will not be published. Required fields are marked *