German companies asked to use liberal investment regime in Pakistan

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German Ambassador Ina Lepel called on Federal Minister for Finance Senator Ishaq Dar and discussed the investment opportunities in Pakistan.

The envoy informed the minister about leading German companies’ plan to invest in telecom and energy sectors in Pakistan. She said that she looked forward to the government particularly the finance minister’s support for facilitating these companies.

Senator Dar welcomed the investment programme of the German companies and said that the government fully encourages foreign investment which is the key component of the growth policy it was now pursuing with full vigour. He said that the government had announced a business-friendly budget which offered incentives for the industry.

The German companies should make full use of the liberal investment regime that Pakistan offers, the minister said. Ina Lepel thanked the minister for the encouragement and support offered for investment by German companies. Senior officials of the Ministry of Finance and the Federal Bureau of Revenue also attended the meeting.