PM urges Chinese entrepreneurs to invest in Pakistan

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ISLAMABAD : Prime Minister Nawaz Sharif has invited Chinese investors to benefit from liberal investment in Pakistan with no restrictions on remitting profits.

He was talking to Chairman of Board, China Aerospace Science and Industry Corporation (CASIC) Gao Hongwei and Chairman of Board, China Precision Machinery Import-Export Corporation (CPMIEC) Zhao Xiaolong who called on him here at the PM House on Tuesday.

PM Nawaz said that Pakistan’s strategic location makes it Asia’s premier trade, energy and transport corridor. Our Investment Policy provides a comprehensive framework for creating conducive business environment for attraction of Foreign Direct Investment.

He said that from day one, my attention to revival of economy, resolving energy crisis and opportunities to investors in Pakistan. Pakistan’s policy trends have been consistent with liberalization, de-regulation, privatization and facilitation being its foremost cornerstones. Economic outlook of Pakistan has altogether changed in the last four years and was being acknowledged globally.

Prime Minister Sharif warmly welcomed the Chinese investors to Pakistan and said China-Pakistan friendship is witnessing new heights, manifested by 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.

Gao Hongwei, Chairman of Board, CASIC and Zhao Xiaolong, Chairman of Board, CPMIEC expressed the resolve to develop business ties with Pakistan. The PM was also informed that the companies were already in contact with relevant authorities.

Source : APP

 

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