Government working to ensure smooth investment in Pakistan: PM

ISLAMABAD: Government of Pakistan Tehreek-e-Insaf (PTI) is woking hard to overcome the hurdles and striving hard to ensure smooth flow of investment process in the country.

Addressing a launching ceremony of Pak-China Business Investment Forum in Islamabad, the premier said that the country can also be flourished when we start promoting industrial sector. State’s treasurer cannot be raised by only selling vegetables, he added.

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PM said the people of Pakistan are talented and skillful, adding that the technology sector bore fruitful results after the concerned authorities used some advanced methods. We are very lucky that we have rapidly developing country, China as our friend, he expressed.

Imran Khan said in the second phase of China-Pakistan Economic Corridor, agricultural development is also being focused. Emphasizing on vertical development of cities for food security and environmental protection, he said Pakistan can learn from China in urban development as well.

The prime minister said Pakistan effectively and successfully coped with the Covid-19, which has been acknowledged at international level.

While talking about corrupt practices, Imran Khan called money laundering as biggest issue of developing countries. Every year a hefty amount has been transferred to rich states from less developed countries, he told.

Pak-China Business Investment Forum has been formed with the collaboration of Board of Investment Pakistan and All Pakistan Chinese Enterprises. This is aimed at increasing Chinese companies investment in Pakistan and promotion of business to business industrial cooperation.

Following the participation of over seventy companies in China-Pakistan Economic Corridor Conference held in March last year, it was agreed in to establish a business forum with the cooperation of the Chinese Embassy in Pakistan and the Board of Investment to enhance business to business cooperation.

The forum consists of eighteen Chinese and nineteen Pakistani companies.

The objective of the forum is to promote sustainable investment and export industry and development of modern technology in Pakistan.

Read more: Met Office predicts heavy rain, thunderstorms in Karachi, other areas from tomorrow

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