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PM highlights potential in communication, financial sectors
By Khalid Amin
ISLAMABAD—The government believes in continuation of economic policies
to sustain the economic upsurge and attract more foreign investment,
said Caretaker Prime Minister Mohammadmian Soomro. This would auger well
for progress and prosperity of the country, he said this while talking
to the Chairman, Fattouch Group of Lebanon, Pierre Michel Fattouch, who
called on him along with his delegation here Saturday.
The Prime Minister said Pakistan has enormous potential in communication
and financial sector and added the reforms agenda introduced by the
government was prepared keeping in view the national interest as well as
incentives for the investors both local and foreign. He said because of
these policies, Pakistan has become a lucrative destination for foreign
investment in view of the availability of skilled manpower and
comparatively low cost of production and a level playing field which is
equally available to both foreign and local investors.
He also expressed confidence that the upcoming general elections will
help strengthen political stability and improve atmosphere for the
normal business.
Mr. Pierre while appreciating the economic policies of Pakistan
mentioned that their meetings with the concerned officials in various
fields have been very beneficial and the Fattouch Group is eager to
invest in the telecom and infrastructure development projects. The
Group, he said is working on a large number of projects in the Middle
East and elsewhere in various sectors. The conditions in Pakistan are
very attractive for foreign investors, he said. |