Press Release - World of Investment and Technology

Government of Pakistan
Ministry of National Food Security & Research

Press Release.
Date. 26-10-2023

Federal Minister for National Food Security and Research, Dr. Kousar Abdullah Malik, held a meeting with key figures from the world of investment and technology, including the Chief Investment Officer of Tri-Ri Asset Management (TRAM), Asad Ali, and the Chief Executive Officer of Tingo Group, Dozy Mmbousi led by Khyber Pakhtunkhwa Minister for Science and Technology Dr. Najibullah, Chairman Pakistan Science Foundation Dr. Shahid Mahmood Baig.

This gathering comes at a pivotal time, with Tri-Ri Asset Management committing a substantial $100 million investment in the startup industry, while Tingo Group announced a $10 million investment.

During the discussions, Dr. Kousar Abdullah Malik commended these investments and recognized their potential to drive growth and innovation in various sectors across Pakistan.


He expressed his gratitude for the support of these prominent figures in the business world, emphasizing the importance of collaboration in realizing the objectives of the Ministry of National Food Security and Research.

Dr. Malik stressed that the Ministry would utilize all available means and resources to facilitate and expedite these investment projects for the benefit of the nation and its people.

He also highlighted the crucial role of the Special Investment Facilitation Council (SIFC) in ensuring the timely completion and accessibility of these projects, ensuring that not only investors but also the general public reap the benefits of these endeavors.

The Provincial Minister for Science and Technology in Khyber Pakhtunkhwa, Dr. Najibullah, expressed his gratitude to Dr. Kousar Abdullah Malik for his motivation and unwavering commitment to fostering cooperation.

This meeting signals a promising step toward a brighter future for Pakistan, driven by innovative investments and collaborative efforts in science, technology, and beyond.