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Investing in Pakistan is a hot topic, especially for the Pakistanis who are living abroad. Many Pakistanis want to invest in their home country, but they face multiple challenges while doing so. Tanweer Ahmed, an entrepreneur and philanthropist, shared his views on this matter in a recent podcast by Pro Pakistani. He is the seventh largest franchisee of around 360 fast food restaurants including KFC and Pizza Hut in the United States, and he has a lot to say about investing in Pakistan.
According to Tanweer Ahmed, Pakistanis living abroad love their country and have an emotional attachment to it. They believe that Pakistan is their home, and they want to invest and help their country. However, many hurdles come in their way when they try to invest in Pakistan. One of the significant challenges is to find genuine sellers and verify the government’s ownership of the properties. This process can be complicated and time-consuming.
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Another obstacle for Pakistanis living abroad is the country’s financial situation. The economic instability of Pakistan is a significant concern for investors. To attract more foreign investment, Pakistan needs to focus on stabilizing its economy and creating a favorable investment climate.
Tanweer Ahmed believes that charity is not the solution to Pakistan’s problems. He thinks that Pakistanis living abroad should invest in sustainable projects that can create jobs and contribute to the country’s economy. He believes that building businesses in Pakistan is the way forward.
Moreover, Tanweer Ahmed is optimistic about the future of cricket in the United States. He is on the board of the US Cricket League and co-owns the Texas team. He believes that the league has the potential to become the number one cricket league in the world, following the Indian Premier League (IPL) and the Pakistan Super League (PSL).
In conclusion, Pakistanis living abroad face multiple challenges when they try to invest in their home country. However, they are emotionally attached to Pakistan and want to help their country. To attract more foreign investment, Pakistan needs to create a favorable investment climate and stabilize its economy. Moreover, Pakistanis living abroad should focus on investing in sustainable projects that can create jobs and contribute to the country’s economy.