Expanding Hospitality Sector | IHIG set To Invest $118 Million in Pakistan
ISLAMABAD: The International Hospitality Investment Group (IHIG) is investing $118 million in the tourism industry of Pakistan that will create 4000 job opportunities in the country.
The CEO IHIG, Mr. Noor ul Asif, along with its Chairman, Mr. Alun Richards, held a meeting with the Chairman Board of Tourism, Mr. Zulfi Bukhari, Special Advisor on Political Affairs to the Prime Minister, Mr. Naeem ul Haq and the Chairmain Board of Investment (BOI), Mr. Haroon Sharif.
The meeting took place at the Prime Minister’s Secretariat in Islamabad to discuss the prospects of investment in Pakistan.
Mr. Bukhari assured the Chairman of IHIG about the Pakistan Government’s commitment to extend all possible support to foreign investors.
Richards, expressed his company’s commitment to invest $118 million in the tourism and hospitality sector of Pakistan that will create 4000 job opportunities in the country.
IHIG has already acquired two hotels in Shogran and Bhurban, to elevate the standards of this developing industry. Being the first company that has aligned itself with the Prime Minister of Pakistan’s vision, IHIG will be promoting tourism by facilitating the international tourists coming to Pakistan.
While speaking on the occasion, Richards stated that; “I have spent half of my childhood in Pakistan. Over the recent years, the perception of this beautiful country has changed positively, among the global community. Therefore, an increasingly large number of tourists from all over the world are already expressing the desire to visit Pakistan, where they can explore the diversity of its pristine landscapes, ranging from the world’s highest mountains to scenic beaches on a long coastline, along with lush green fields, vast deserts and much more. The historic traditions of hospitality and the variety of sumptuous cuisines also provide many unforgettable experiences. The Government’s new policy of granting E-Visas for 175 countries, is a brilliant initiative that promises great convenience for international tourists”