FM Engages OICCI on Energy Priorities and Economic Stability

Federal Minister for Petroleum, Ali Pervaiz Malik, conducted a comprehensive session with the Overseas Investors Chamber of Commerce and Industry (OICCI), engaging senior business leaders from both local and multinational companies.

The discussions were centered on Pakistan’s energy priorities and the path to long-term economic stability. The Minister reiterated the government”s dedication to structural reforms, faster policy execution, and increased industry collaboration. He detailed investment prospects in upstream exploration, pipeline development, and downstream processing, aligning with the global move towards cleaner energy. Additionally, he underscored recent successes in foreign direct investment within the mining sector, aimed at unlocking the nation”s untapped natural resources to boost exports and diversify the industry.

Yousaf Hussain, President of OICCI and CEO of Faysal Bank, highlighted the need for consistent policies, technocratic execution, and a collaborative roadmap for achieving economic stability and sustainable growth. He pointed out that enhanced cooperation between the government, OICCI, and industry in policy creation and implementation is crucial for achieving results and bolstering investor confidence.