UAE based Majid al Futtaim invest Rs10.5b in Carrefour

A UAE based Majid Al Futtaim in Pakistan Invested a total of Rs 10.5 Billion in Carrefour, Pakistan. The retail sector of Pakistan is showing great growth and confidence in Government Policies.

Advisor for Commerce, Textile, Industry and Production, and Investment of Pakistan Abdul Razak Dawood on Wednesday shared this good news via Twitter, saying:

"I have been informed that recently, UAE based Majid Al Futtaim in Pakistan invested a further Rs 1 Billion to its current investment of Rs 9.5 Billion in Carrefour. The retail sector of Pakistan is showing great growth and confidence in Govt policies."

Advisor for Commerce and Investment of Pakistan Abdul Razak Dawood also said:

"I want to congratulate Majid Al Futtaim on the achievement and urge the business community to bring their investment in Pakistan. Government of Pakistan and institutions will give full support to them."