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PM for security to foreign investors

Omar1984

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ISLAMABAD, Nov 11 (APP): Prime Minister Syed Yusuf Raza Gilani on Wednesday said the government was committed to ensuring a “foolproof security environment” for foreign investors in Pakistan. Talking to a Hungarian delegation led by Gyorgy Mosonyi, CEO, MOL Group here at the PM Secretariat, he said the government was encouraging them to invest more in the energy sector.

He said the new petroleum policy announced earlier this year reflects the government’s desire to encourage foreign investors in the energy sector and various incentives are being given to both local and foreign investors to benefit from the investor friendly policies of the government.

The Prime Minister said that Pakistan is blessed with immense energy resources including coal and hydel power. He lauded the contribution of MOL Group in the exploration and production of hydrocarbons in Pakistan and congratulated them on the inauguration of Manzalai CPF facility.

The delegation informed the Prime Minister that they plan to invest more in the exploration and production of energy in Pakistan. They also said that they have employed a large number of local people in the Manzalai project.

Federal Minister for Petroleum, Syed Naveed Qamar and Secretary Petroleum also attended the meeting. Ambassador of Hungary Istvan Darvasi was present during the meeting.
 

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