Pakistan is on the move and open for business: Nadeem Naqvi

TORONTO, March 21: The Canada Pakistan Business Council (CPBC), in partnership with the Consulate General of Pakistan and Ministry of Citizenship, Immigration and International Trade, Ontario on Monday hosted a luncheon at the Ontario Investment & Trade Centre in honour of Mr. Nadeem Naqvi, Managing Director, Pakistan Stock Exchange.
CPBC is a Canadian non-profit organization promoting trade between Canada and Pakistan for the last 32 years. CPBC has organised several trade missions which have resulted in investments in Energy, Mining, Education and Consumer and Industrial Goods sectors.
Speaking on the occasion, Mr. Naqvi delivered a clear, insightful and compelling argument about the business and economic opportunities in Pakistan today, and the rapid strides the country has made in recent years. “Pakistan is on the move and open for business”, Nadeem Naqvi said.
Minister of Training, Colleges and Universities, Mr. Reza Moridi, graced the event as a special guest and keynote speaker. Other guests included Dr. Shafiq Qadri, MPP, Parliamentary Assistant to the Premier of Ontario, Mr. Asghar Ali Golo, Consul General of Pakistan, Mr. Erdeniz Sen, Consul General of Turkey and Mr. Akhil Tyagi, representing the Ministry of Citizenship, Immigration and International Trade as well as a large number of leaders and professionals from the business, finance, public sector and social communities.
Covering a wide range of issues, from the global economic slowdown in developed economies to relatively higher growth in the developing world, Naqvi presented a powerful case for Pakistan as a model of growth and investment destination with tremendous business and economic opportunities.
With a population of 190 million, a 40 million and growing middle class, a documented economy of $270 billion, Naqvi added that the real size of the Pakistani economy is $400 billion because 50% of Pakistan’s economy is undocumented. The presentation was followed by an active Q&A session which added even more insights to his observations on Pakistan.
Earlier, Mr. Akhil Tyagi, Area Director South Asia at the International Branch, MEDTEI opened the session welcoming the guests and gave a brief insight about what Ontario has to offer
In his address, Dr. Reza Moridi, the Honourable Minister shared his warm feelings about Pakistan and said Ontario and Canada were very fortunate to have an active Pakistani community which had made great contributions to all fields and the Country has been made better today because of these contributions. He also hoped to implement an MOU for academic collaboration and research with Pakistani universities, several of them being amongst the best in the world. DNA