What's new

PM Gilani invites foreign investors to explore Pakistan’s economic potential

Omar1984

ELITE MEMBER
Joined
Sep 12, 2008
Messages
12,296
Reaction score
0
DAVOS, Switzerland, Jan 29 (APP)- Prime Minister Syed Yusuf Raza Gilani on Thursday invited the foreign businessmen to invest in Pakistan and said a successful elected government was in place to ensure safe business environment for the investors. “Investing in Pakistan is investing in future,” the Prime Minister said while addressing a lunch he hosted for the leading businessmen here on the sidelines of the World Economic Forum.

The Prime Minister said Pakistan’s sound fundamentals offered the investors an opportunity to explore the country’s economic potential in diverse fields.

Gilani emphasized the need for more foreign investment coming into Pakistan and benefit from its investor-friendly economic policies.

He said Pakistan’s liberal economic regime with zero import duty on raw material provided equal opportunities for the local and foreign businessmen.

He said Pakistan was though confronting with a number of challenges including economic crisis, however the democratic government was struggling to improve the situation.

“Despite all the challenges, economy continues to be buoyant and vibrant in Pakistan,” the Prime Minister said, adding the country’s mineral and work-force resources had the great potential to be fully tapped.

He said the government had converged its focus upon the development of agriculture sector to utilize it particularly during the recession phase.

“It will be just a matter of time that Pakistan will become a regional hub of economic activity,” the Prime Minister said.

Gilani said the government was taking a number of strategic measures, and mentioned increased trade with Afghanistan and improved regional mechanism with the SAARC countries.

He said a deep seaport at Gwadar had been established for greater economic activity among the Central Asian and Asian states.

He said the improved economic plan for civil aviation, customs and logistics would substantially enhance the country’s trade activities.

The Prime Minister said Pakistan had the capacity to join hands with partners in food security, being a major food producing and also the fourth largest milk producer in the world.

He said the government was endeavoring to use the trade policy prudently by pursuing the ongoing growth.

“Our economic strategy rests on strengthening the trade dividends and ensuring a business-friendly environment in the country,” he said.

Prime Minister Gilani said in WTO context, Pakistan would support substantial reduction on tariffs in the developing countries.


http://www.app.com.pk/en_/index.php?option=com_content&task=view&id=66464&Itemid=1
 
Back
Top Bottom