Bestway Group is worthy example of efforts and success for others: Dr. Alvi

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ISLAMABAD: Applauding the relentless efforts and unprecedented success of the ‘Bestway Group’ and terming it as a worthy example for others to follow, President Dr. Arif Alvi has said that Pakistan and all Pakistanis are proud of the dedicated performance of Sir Anwer Pervez and his sincere team.

ISLAMABAD: Sir Anwer Pervez, Chairman, Bestway Group, talking to President Dr. Arif Alvi at President House on Friday. Seated with him (right) is Syed Asif Shah, Director administration.

“We need such distinguished personalities and exemplary enterprises which give their homeland and countrymen a bright name”, he said while talking to Sir Anwer Pervez, Chairman of Bestway Group who called on him at the President House along with Syed Asif shah, Director Administration on Friday.
Referring the country’s weak economy, Dr. Alvi said that PTI Government is striving hard to build the vulnerable economy from the beginning and undoubtedly will take time in gaining economic stability. “We are thankful to Bestway Group for its biggest foreign investment in Pakistan that has generated employment for thousands of Pakistanis and provided opportunities for progress. Furthermore, the valued contribution of the Group for welfare of the needy people is tremendous”, he complimented.
He said that CPEC is a game changer and the government offers every possible opportunity and conducive environment to foreign investors for the development and prosperity of the country.
Appreciating the government’s efforts, Sir Anwer Pervez said that we are fully satisfied with the working atmosphere and also proud to be the biggest investor in private sector from abroad. “At the moment we are involved in cement industry, banking and financial services in Pakistan while in Britain, we are looking after whole sale, banking and pharmacy businesses. We shall do utmost for the betterment and prosperity of Pakistan”, he promised.
He acquainted President Arif that since opening first wholesale depot in 1976, the Bestway Group have come a long way, and today has grown to become a multinational conglomerate with investments across the wholesale, banking, cement, financial services, real estate and health care sectors.
Today, Bestway Group is the 17th largest privately owned company, 7th largest family owned enterprise and the largest Asian family owned business in the United Kingdom. The Group’s turnover increased by 0.3% to £3.29 billion from £3.28 billion in 2016 with all businesses profitable for the year under review. Group profit before tax increased by 8.5% to £448.4 million as compared to £413.3 million in 2016.