result found

May 29, 2025

The Overseas Investors Chamber of Commerce and Industry (OICCI) recently hosted the Federal Minister for Petroleum-Ministry of Energy, Ali Pervaiz Malik in an intimate gathering for an interactive session with the leading industrialists, businessmen, and OICCI members.

The Minister was welcomed by OICCI President Yousaf Hussain, Secretary General M Abdul Aleem, and Executive Director Kashif Shafi. In his opening speech, President OICCI and CEO of Faysal Bank Limited Yousaf Hussain the importance of policy consistency, technocratic execution, and a collaborative roadmap to ensure deep-rooted economic stability and sustainable growth. He emphasized that closer engagement between the government, OICCI, and the broader industry, particularly in policy formulation and implementation, would be vital to achieving tangible results and reinforcing investor confidence.

Addressing the gathering, Minister Ali Pervaiz Malik reaffirmed the government’s commitment to structural reforms, accelerated policy implementation, and increased engagement with the business community. He pointed to the recent resolution of challenges in the refinery sector as a successful example of collaborative progress. The Minister also outlined significant investment opportunities in upstream exploration, pipeline development, and downstream processing, aligned with the global transition toward cleaner energy. Furthermore, he highlighted recent foreign direct investment (FDI) successes in the mining sector, aimed at unlocking Pakistan’s untapped natural resources and contributing to future exports and industrial diversification.

Among the distinguished attendees were Syed Moonis Abdullah Alvi from KE, Umar Ahsan Khan from Dawlance, Arif Habib from the Arif Habib Limited Group, Irtiza Ali Qureshi from PARCO - Pak-Arab Refinery Limited, Zahir Meer from Pakistan Refinery Limited, Zubair Sheikh from Wafi Energy Pakistan - Shell Licensee, Farrukh Sabzwari from Pakistan Stock Exchange, Muhammad Zaheer Alam from United Energy Pakistan, Khurram Aziz from Karachi Gateway Terminal Limited, Syed Nazir Zaidi from OCAC Training Center, Kazuhiro "Fred" Tsutsui from Mitsubishi Corporation, Wamiq Zuberi from Business Recorder, Azhar Abbas from GEO News Live TV, and Sarmad Ali from the Jang Group of Companies, alongside other notable names.