ISLAMABAD, Pakistan: Prime Minister Nawaz Sharif on Tuesday said that Pakistan’s strategic location makes it Asia’s premier trade, energy and transport corridor; and invited Chinese investors to benefit from liberal investment climate with no restrictions on remitting profits.
While talking to the Chairman of Board China Aerospace Science and Industry Corporation (CASIC) Gao Hongwei and the Chairman of Board China Precision Machinery Import-Export Corporation (CPMIEC) Zhao Xiaolong at the PM House in Islamabad, the prime minister said that Pakistan’s Investment Policy provides a comprehensive framework for creating conducive business environment for attraction of Foreign Direct Investment.
The prime minister said that Pakistan’s policy trends have been consistent with liberalization, de-regulation, privatization, and facilitation being its foremost cornerstones.
Nawaz Shari said that Pakistan Muslim League-Nawaz (PML-N) government, from day one, focused on reviving the economy, resolving the energy crisis, improving security situation, and providing ample opportunities to investors. He said that the economic outlook of Pakistan has altogether changed in the last four years, and was being acknowledged globally.
Sharif warmly welcomed the Chinese investors to Pakistan and said China-Pakistan friendship was witnessing new heights, manifested by Chain Pakistan Economic Corridor (CPEC) and cooperation in vital economic sectors. He said Pakistan’s cooperation with China would not only bring prosperity for both countries but would also become a source of progress for the entire region.
The Chairman of Board CASIC Gao Hongwei and the Chairman of Board CPMIEC Zhao Xiaolong expressed the resolve to develop business ties with Pakistan. The prime minister was also informed that the companies were already in contact with relevant authorities.
The Minister for Science & Technology Rana Tanvir Hussain, the Ambassador of China to Pakistan Sun Weidong and senior officials were also present during the meeting.
