ISLAMABAD, Pakistan: Prime Minister Muhammad Nawaz Sharif Monday said owing to incentives-based transparent policies of the government, the confidence of international business community to invest in Pakistan had been restored.
Talking to Chief Executive Officer of VimpelCom Jean Yves Charlier here at the Prime Minister House, he said the government’s transparent policies had revolutionized the telecom sector and successful launch of 3G and 4G in the recent past was a testimony to that.
“We are encouraging the telecom companies to expand their outreach to far-flung areas of the country so that majority of the masses benefit from the technology,” he added.
The Prime Minister said that Pakistan offered an ideal environment for telecom sector as the country had one of the largest cellular phone subscriber base.
“Our government believes in open and transparent business policies so that both local and foreign investors are further motivated to explore the business opportunities in Pakistan.”
Terming the telecom industry of Pakistan “promising and vibrant”, Jean Yves Charlier appreciated the business friendly policies of the present government.
The CEO VimpelCom said teledensity in Pakistan was one of the highest in the region which made the country a favourite destination for foreign investors.
The meeting was also attended by Minister of State for Information Technology Ms Anusha Rehman Khan and senior government officials.