KARACHI: Pakistan Stock Exchange (PSX) organised a round table meeting with Khyber Pakhtunkhwa Minister of Finance & Health, Mr Taimur Khan Jhagra and business & industry leaders of Karachi at a local hotel in Karachi. The meeting followed soon after a gong ceremony was held at PSX Trading Hall on October 6, 2021, to mark the inauguration of PSX regional office in KP.
The participants included, apart from the Honourable KP Minister of Finance, Special Assistant to Chief Minister KP on Industry & Finance, Mr. Abdul Karim Khan; Lead KP PSX Initiatives, Ms. Maleeha Bangash; Bank of Khyber MD & CEO, Mr. Mohammad Ali Gulfaraz; KP Board of Investment & Trade CEO, Mr. Hassan Butt; PSX Chairperson, Dr. Shamshad Akhtar; PSX board members; PSX CEO Mr. Farrukh H. Khan; leading PSX members; top industrialists, businessmen, market particpants, and stakeholders.
The meeting was convened to bring industry leaders, leading businesspersons and market participants together with the senior representatives of KP Government so as to network and discuss the prospects of investment, expanding industry, logistics, trade and business in the north-western province and the far flung north-western parts of the country. Queries, suggestions, and points made by industry leaders and businesspersons were addressed by the KP Minister and the KP Board of Investment CEO, amongst others.
Welcoming the guests at the gathering, the MD PSX, Mr. Farrukh Khan, said, “I welcome you all and thank you for taking the time out from your busy schedules to participate in this important meeting where the Honourable Minister for Finance, Khyber Pakhtunkhwa, Mr. Taimur Jhagra and his team are here with us to meet with leading industrialists, business persons and market participants for expanding business opportunities in Khyber Pakhtunkhwa.” He further stated, “the fact that we have such a senior team from the Pakhtunkhwa government coming to Karachi and meeting investors and business groups shows their seriousness and focus on the private sector as the engine of growth. As the third largest province of Pakistan contributing 10% to Pakistan’s GDP and 20% to the country’s mining output, Pakhtunkhwa has a diverse economy, ranging from forestry to agriculture to large scale manufacturing and tourism, and is a thriving part of Pakistan, providing excellent opportunities for investors and businesses.”
Speaking at the occasion, the Khyber Pakhtunkhwa Minister of Finance & Health, Taimur Jhagra, stated, “With recent developments taking place and incentives given by the Khyber Pakhtunkhwa Government, Pakhtunkhwa provides an attractive avenue for investment and initiating or expanding trading, business, or industrial activities in the Province. I invite all stakeholders present here to come to Khyber Pakhtunwa to have a first-hand on-ground look at the possibilities & opportunities for progress there and take part in the growth story of the economy of Pakhtunkhwa.”
In her closing remarks, the Lead of the KP PSX Initiative, Ms. Maleeha Bangash thanked all the participants of the meeting for presenting their useful points of discussion with the Khyber Pakhtunkhwa Minister of Finance & his team. She added that this was a fantastic opportunity to explore business opportunities in Pakhtunkhwa province. She hoped that this meeting would mark the commencement of partnerships that will show true results and material implementation of the decisions taken in the meeting into concrete activity on the ground.