ISLAMABAD, Pakistan: The Chairman Board of Investment (BoI) Miftah Ismail on Wednesday said that industrial zones, power plants and road infrastructure in the country would help increase growth rate.
“The government will achieve 6 percent Gross Domestic Product (GDP) target in the next fiscal year,” he said while talking to the Pakistan Television.
Miftah said that Industrial zones under China Pakistan Economic Corridor (CPEC), several power plants and road infrastructure initiated by Pakistan Muslim League Nawaz government will increase the growth rate set for the next fiscal year.
The Chairman BOI said that several power projects, road networks, and gas plants besides other development works would increase the economy of the country.
Miftah Ismail said that the federal government will provide Rs 2400 billion to provinces to utilize the amount for uplift of their respective areas.
To a question about incentives to foreign investors under CPEC, he said that local investors will also have similar benefits to boost exports.
The Chairman Board of Investment said that several power plants, road infrastructure and gas plants would be completed in near future following the vision of Prime Minister Nawaz Sharif.
