UAE’s BMS International Interested in Investing $3 Billion in Pakistan

BMS International Commercial Investment LLC of UAE will soon be investing $3 billion in Pakistan. Chairman of the company, Louai Mohammed Ali, made this commitment in a letter to Hamid Subhani, chairman of the Subhani Group. Subhani Group primarily serves as a consultant and organizes events as well. The group is organizing another property related event in Islamabad to attract investment from UAE and other Gulf countries. UAE has shown serious interest in becoming a part of the China-Pakistan Economic Corridor (CPEC), Subhani says. According to the letter, BMS International is keen on investing in multiple sectors in Pakistan, especially real estate development. Hamid Subhani stated; ALSO READ Shell & Unilever to Invest £100 Million in Pakistan According to the initial reports, BMS will invest in The letter by the chairman of BMS reads; Subhani added to the matter saying; He further told that the group has invited Pakistan Tourism Development Corporation, Board of Investment, and officials of Balochistan to propose different projects. Best projects out of these will be selected for funding, Subhani mentioned. ALSO READ Foreign Investment in Pakistan Jumps by 69% The organizers are looking to hold the event from April 26-28 at Pak-China Friendship Centre in Islamabad. More than 80 exhibitors and 8,000 trade visitors are expected to participate in the event. Subhani told; He continued saying; BMS International Commercial Investment will participate in the event as well.