Punjab Chief Minister Muhammad Shahbaz Sharif has said there are vast opportunities of investment in the province and government is providing all facilities to the investors under one-roof. He said foreign investors should benefit from the attractive incentives being offered for investment in energy, livestock, agriculture, industries and information technology sectors.
He was talking to a representative delegation of Canadian investors. Chief Minister said Punjab which is the largest province of the country with regard to population has a share of 62 per cent in the GDP. He said there are 48 thousand industrial units in the province and maximum facilities are being extended to investors in five different export processing zones. Due to favourable conditions, investment is completely safe in the province and Punjab Board of Investment and Trade is serving as the platform for facilitating foreign entrepreneurs, he added. He said that modern infrastructure and communication facilities for trade and economic activities are available in the province and the Punjab government has evolved liberal economic policies for encouraging investment.
Investment opportunities have increased in the recent years in industries, information technology, power generation, livestock and other sectors in the province and investors should fully benefit from it, he underscored. Muhammad Shahbaz Sharif further said Punjab has an excellent workforce and the government is extending encouragement and cooperation for business and trade activities. He said the present government believes in trade rather than aid and wants to provide job opportunities to the people at basic level through promotion of economic activities. And special incentives have been offered to foreign investors in Sundar Industrial State. Similarly, all provincial departments are working in a consolidated manner for the encouragement of foreign trade. UTM’s Sohaib Hassan Murad, Abid Sherani, Chairman Punjab Information Technology Board, Secretary Higher Education and Secretary Health were also present on the occasion.
