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Press Releases

Thursday, April 14, 2016 - 12:45am

American Ambassador David Hale announced today that the U.S. government, in partnership with the Abraaj Group, Indus Basin Holding, and JS Private Equity Management, has made available over $100 million to invest in Pakistan’s private sector, through the Pakistan Private Investment Initiative.

The Pakistan Private Investment Initiative consists of three professionally managed investment funds that provide equity capital for Pakistan’s dynamic and fast-growing small- and medium-sized businesses.  The U.S. Agency for International Development (USAID) has provided $24 million for each fund, and the Abraaj Group, Indus Basin Holding, and JS Private Equity Management will each match or exceed USAID’s contribution.

“Our hope is that, by improving access to credit for first-time borrowers, we will break down barriers for creators and the innovators who will find solutions to the development challenges facing Pakistan and the world,” Ambassador Hale said.  “I have no doubt that investing in Pakistan’s entrepreneurs will pay dividends for decades to come.”

U.S. to Foster S&T Cooperation to Help Pakistan Embrace Technology-driven Economic Growth
Tuesday, June 3, 2014 - 2:00am
The United States today resolved to further its cooperation with Pakistan in science and technology by promoting the commercialization of scientific and engineering research in the country.  Collaborative efforts in this direction will assist Pakistan in making its economy more competitive, dynamic, and driven by technology and innovation.
 
Modernizing Agriculture from the Ground Up: United States Supports Pakistan's Vegetable Farmers
Thursday, May 15, 2014 - 2:30am
The United States, through its Agency for International Development (USAID), showcased the results of Pakistani farmers using new technology to grow high value off-season vegetables at its Vegetable Fair 2014 in Islamabad.
 
United States Empowers Future Teachers through University Scholarships
Thursday, May 8, 2014 - 2:30am
Today the U.S. Agency for International Development (USAID) awarded scholarships to 26 students enrolled in undergraduate degree programs at the International Islamic University (IIU) in Islamabad as part of the $165 million Pakistan Reading Project. The scholarships will pay for tuition and supplies as well as provide a stipend to recipients. The U.S. Government will provide more than 4,500 scholarships to aspiring teachers.
 
U.S. Supports Wildlife Conservation in Pakistan
Friday, April 25, 2014 - 2:30am

In celebration of Earth Day 2014, Walkabout Films' documentary, Deosai - The Last Sanctuary, about endangered Himalayan brown bears living on the Deosai plateau premiered on April 24 at the Pakistan National Council of the Arts in Islamabad. 

Trade and Economic Growth
Wednesday, April 16, 2014 - 2:30am

The United States demonstrated its support for Pakistan's economic growth at the Central Asian Business Opportunities Conference held in Islamabad from April 14- 16. 

U.S. Training Helps Power Plant Engineers Improve Energy Efficiency
Friday, April 11, 2014 - 12:45am
Twenty Pakistani engineers from power generation companies around the country were presented with certificates of completion after participating in a thermal operations and maintenance training  program funded  by the U.S. Agency for International Development (USAID) at a ceremony in Islamabad on April 10.  The course is designed to help engineers further develop their technical skills and provide them with industry best practices in order to improve the operation, maintenance, and management of power plants.
 
Ground Breaking Ceremony at AJK University
Thursday, April 10, 2014 - 3:00am
U.S. Ambassador Richard Olson visited Muzaffarabad today to highlight the United States' support for bilateral trade opportunities, educational exchange, and development programs in Azad Jammu and Kashmir. Ambassador Olson's visit, his first to the region, was an opportunity to renew ties with the government leadership of AJK and to meet with local residents. "Today's visit is an important opportunity for me to see the enduring partnership of the United States with the people of Azad Jammu and Kashmir," Olson said.
 
Education in Pakistan
Thursday, April 10, 2014 - 1:30am

The U.S. Agency for International Development (USAID) Punjab Provincial Director Jeffrey Bakken and Intel Pakistan Country Manager Naveed Siraj signed a Memorandum of Understanding (MOU) today on the use of technology to support education and women’s economic empowerment in Pakistan.

IESCO’s ability to Reduce Unscheduled Load Shedding
Thursday, April 3, 2014 - 12:15am
Marking a milestone in U.S. support of Pakistan’s energy sector, Nancy Estes, Acting Mission Director for United States Agency for International Development (USAID), and Yousaf Awan, Chief Executive Officer of the Islamabad Electric Supply Company (IESCO), inaugurated the Power Distribution Control Center (PDCC) at IESCO today.  
 

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Last updated: April 22, 2016

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