ISLAMABAD, Pakistan: Prime Minister Nawaz Sharif has said that Pakistan’s Investment Policy has been designed to provide a comprehensive framework for creating conducive business environment for the attraction of Foreign Direct Investment (FDI).
In a meeting with the Chairman China Shipbuilding Company Xu Ziqiu in Islamabad on Friday, the prime minister said that Pakistan’s policy trends have been consistent, with liberalization, de-regulation, privatization, and facilitation being its foremost cornerstone.
“We have adopted a very liberal and investor’s friendly Investment Policy which provides no restriction on remitting capital, profits & dividends,” he said.
The prime minister said that the government has seriously focused on improvement in agriculture, industrial and services sectors.
“In this connection, a number of public sector development programs have been initiated. Economic outlook of Pakistan has altogether changed in the last four years, which is being acknowledged globally. Inflation is continuously on downward trend, whereas Stocks, Foreign Exchange Reserves and home remittances are on the rise”, Sharif said.
Nawaz Sharif invited the China Shipbuilding Company to invest in collaborative projects with Pakistan National Shipping Corporation (PNSC) and Karachi Shipyard.
The meeting was also attended by Ambassador of China to Pakistan Sun Weidong, Special Assistant to PM Tariq Fatemi, Chairman Board of Investment (BOI) Mifta Ismail and other senior officials.
