Punjab Chief Minister Muhammad Shahbaz Sharif on Tuesday said that despite the terrible electricity crisis the country is facing, a positive environment for investment and growth has been created in province.
Addressing a dinner held in his honor by the United Kingdom Pakistan Chamber of Commerce and Industry, Shahbaz said that the electricity crisis has had a negative impact on the country’s economy, forcing many factories and industries to shut down, causing unemployment and a general atmosphere of negativity in the country.
While he stressed the need to resolve the electricity crisis as soon as possible, he expressed hope in the current economic situation of Punjab, saying that foreign investors have been offered many incentives to invest.
Furthermore, he said that several major welfare projects have been initiated with the cooperation of the governments of Turkey, Iran and other foreign countries.
He called upon UK Pakistan Chamber of Commerce and Industry to extend vigorous cooperation for various development projects in Pakistan, especially Punjab. The Chief Minister assured the investors and industrialists of complete cooperation and all possible facilities in Punjab
At the same time, he encouraged the expatriates living in the United Kingdom to play a more positive more by investment, collaboration and public-private ownership.
President UK Pakistan Chambers of Commerce and Industry Razi Khan, who was also present at the occasion, praised the steps taken by the Punjab government for the progress and development of the province.
He said UK Pakistan Chambers of Commerce and Industry would extend maximum cooperation in various development projects and its delegation will soon visit Punjab.
Addressing the meeting, industrialists and investors assured the Chief Minister of their cooperation in various development projects.
