|
|
|
|
|
A high level investors and trade delegation led by Mr. Varouj Varjabedian,
Advisory Council Chairman of Tysons Oil and Energy has shown their keen
interest to participate in the privatisation of Pakistan State Oil, Mining,
Industrial sector and other potential areas during a meeting with Dr. Abdul
Hafeez Shaikh Federal Minister for Privatisation & Investment here today.
Dr. Abdul Hafeez Shaikh Federal Minister for Privatisation & Investment while
appreciating the interest shown by Tyson in the Privatisation Program of
Pakistan said that it was in line with the government's endeavor to encourage
new players in Pakistan's privatisation and investment program. Pakistan's
privatisation program and process ensured level playing field for all
participants through a complete transparent and investor's friendly
process, he said.
The Minister stated that the government was always fully committed to
facilitate the investors without any discrimination between the local and
foreign investors and would continue to assist the investors in identifying
the opportunities in prospective areas and to extend maximum cooperation for
their operations in Pakistan.
The leader of the delegation informed the Minister that Pakistan's new
improved economic outlook along with its present geo political position and
the investors friendly policies have made it an attractive place for
investment activity for foreign investors. Since, 1977 Tyson was working in
association or joint ventures with some of the world's leading oil & gas,
hydroelectric and mining companies in Middle East, Russia, Far East and
Africa, he said.
Tysons Oil & Gas company has expertise in sustainable growth through a
federation of important alliances for total upstream and downstream
integration and optimal financial engineering. The group also included
representatives of Stratejia and Metaventures companies.