Prime Minister Raja Pervez Ashraf on Tuesday hailed the agreement between Bahria Town and a US investment group a landmark event which would encourage investors to make investment in the country.
Speaking at a meeting with former chairman of Bahria Town, Malik Riaz and Thomas Kalmer of US investment group at Prime Minister House, the prime minister said that there was a general consensus in the country for pursuing a liberal economic policy.
“The Pakistan People’s Party (PPP) government has been pursuing an investment-friendly policy so that investors are given comfort of security of capital and a decent return,” he said.
Moreover, the prime minister said that the investment was a testimony of the successful policies pursued by the government during its tenure.
The prime minister said that a huge foreign investment had been made directly in the private sector which was trend-setting and would pave way a boost to the economy.
He expressed the hope that the agreement would herald a new beginning and accelerate the pace of progress and development in the country.
Malik Riaz thanked the prime minister and said that Bahria Town and a US investment group had signed a Memorandum Of Understanding (MoU) for a 15 to 20 billion dollar investment in Pakistan.
