ISLAMABAD, March 3 (APP): Xu Ziqiu, Chairman China Shipbuilding Company, called on the Prime Minister Muhammad Nawaz Sharif here at PM House on Friday.
PM stated that Government has seriously focused on improvement in agriculture, industrial and services sectors. “In this connection, a number of public sector development programmes have been initiated. Economic outlook of Pakistan has altogether changed in the last four years, which is being acknowledged globally.
Inflation is continuously on downward trend, whereas stocks, foreign exchange reserves and home remittances are on the rise”, PM said.
PM stated that Pakistan’s investment policy has been designed to provide a comprehensive framework for creating conducive business environment for the attraction of FDI. Pakistan’s policy trends have been consistent, with liberalisation, de-regulation, privatisation and facilitation being its foremost cornerstone. “We have adopted a very liberal and investors-friendly investment policy which provides no restriction on remitting capital, profits and dividends”, added the PM.
The Prime Minister invited the China Shipbuilding Company to invest in collaborative projects with PNSC and Karachi Shipyard.
The meeting was also attended by Sun Weidong, Ambassador of China to Pakistan, Tariq Fatemi, Special Assistant to PM, Mifta Ismail Chairman Board of Investment and other senior officials.
APP/Hamza/mka/VNS Islamabad
