A consortium of Chinese companies is bringing three billion dollar Invest Fund to Pakistan.
This was stated by a representative delegation of these companies during their meeting with Prime Minister Nawaz Sharif in Islamabad on Friday.
The Prime Minister said that there was immense potential for Chinese investment in Pakistan’s infrastructure development, energy and communication sectors.
The Chinese delegation said they are bringing investment to Pakistan because of vision of the Prime Minister that focuses on infrastructure development and energy sectors.
It also expressed its intent to explore possibility of starting a new airline in Pakistan after the permission from the government of Pakistan. The Chinese side said that it is actively pursuing its investments in infrastructure, power, aviation and tourism sectors of Pakistan.
The Prime Minister expressed his gratitude to the leadership and people of China for their all-weather support that is getting stronger with each passing day. He said CPEC is a game changer that is going to transform the lives of the billions of people of the region.
The Prime Minister said that the Economic outlook of Pakistan has altogether changed in the last three years, which is being acknowledged globally. Pakistan is among this year’s global top 10 improvers in Doing Business 2017.
He said Pakistan’s Investment Policy has been designed to provide a comprehensive framework for creating a conducive business environment for the attraction of FDI.
Pakistan’s policy trends have been consistent, with liberalization, de-regulation, privatization, and facilitation being its foremost cornerstone. The Law of Special Economic Zones (SEZ) has been made to meet the global challenges of competitiveness to attract Foreign Director Investment (FDI). -Radio Pakistan