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Pakistan emerging market for foreign investment: PM
Bureau Report
LAHORE—Prime Minister Syed Yousuf Raza Gilani has said that Pakistan is
an emerging market rich with exciting opportunities for foreign
investment in all sectors. Prime Minister was talking to a three members
delegation of trade leaders led by President SAARC Chamber of Commerce
and Industry (SCCI), Tariq Sayeed, President FPCCI Tanvir Ahmad Sheikh
and founder Pak-US Business Council and Vice President, SAARC CCI,
Pakistan chapter Iftikhar Ali Malik a couple of days back at a luncheon
meeting at prime minister secretariat.
According to President FPCCI, Tanvir Ahmad Sheikh, Prime Minister Yousuf
Raza Gilani said there is ample scope, coupled with significant
opportunities for foreign private sector investment in Pakistan. Premier
observed that Pakistan is ideally located geographically with immediate
access to the Central Asian Republics, and has a competitively
affordable and expanding workforce of 36 million.
Pakistan’s foreign investment policy is open and liberal in South Asia,
which is good news for foreign companies interested in doing business in
Pakistan, he said. Prime Minister suggested the delegation could help
the foreign corporate sector identify opportunities in Pakistan’s vast
resource based industries, such as oil, gas and petro chemicals,a fast
growing infrastructure sector and other industries.He mentioned
textiles, garments, software and automotive manufacture in this context.
Prime Minister said Pakistan is a country rich in history, culture and
natural resources, adding, he was confident that foreign investment in
Pakistan will reach a high point in the years to come. Tanvir Ahmad
Sheikh informed the Prime Minister that business community across the
country was fully confident of the sagacious leadership of the elected
coalition government led by Syed Yousuf Raza Gilani.
Iftikhar Ali Malik, a veteran trade leader and co-chairman Businessman
panel, the largest alliance of chambers in Pakistan, told the premier
that it will require sustained and sound economic policies as well as
effective action by the government to improve political stability and
develop human resources. “In the present scenario, survival of any
nation in the world now exclusively rests on better economy”.
Tariq Sayeed apprised the premier about the activities of the SCCI and
its future plan to boost bilateral trade among the SAARC member
countries. Prime Minister assured the delegation that politically
elected government will take all possible epoch making measures to
strengthen the national economy and ensure better business friendly
atmosphere, as well as investment oriented environment for local and
foreign investment.
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