The US Ambassador in Pakistan, Donald Blome, has expressed the US International Development Finance Corporation’s (DFC) interest in making large-scale investments in Pakistan. Blome met with Shahid Ashraf Tarar, the caretaker minister for communications, railways, and maritime affairs, and stated that the United States was willing to assist Pakistan in creating a business-friendly environment to attract investments. Blome believes that Pakistan has a great opportunity to attract foreign investments due to the diversification of industries and businesses in South Asian economies.

The DFC is an organization partnered with the private sector that aims to finance solutions to challenges faced by developing countries. It invests in projects in emerging markets, particularly in sectors such as energy, healthcare, critical infrastructure, telecommunications, and financing for small businesses and women entrepreneurs.

Tarar informed the US ambassador that the recent floods have affected the Karachi-Peshawar railway track at certain vulnerable points. He suggested that the United States could collaborate with Pakistan Railways to restore these vulnerable tracks and protect them from future floods.

Overall, the US is eager to invest in Pakistan, particularly in sectors that can create jobs and boost the country’s economy.

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By hassani

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