Prime Minister Nawaz Sharif on Tuesday said Pakistan’s strategic location makes it Asia’s premier trade, energy and transport corridor and invited Chinese investors to benefit from liberal investment climate with no restrictions on remitting profits.
He was talking to Gao Hongwei, chairman of board, China Aerospace Science and Industry Corporation (CASIC), and Zhao Xiaolong, chairman of board, China Precision Machinery Import-Export Corporation (CPMIEC) who called on him at the PM House.
Prime Minister Nawaz Sharif said Pakistan’s Investment Policy provides a comprehensive framework for creating a conducive business environment for attraction of Foreign Direct Investment.
He said Pakistan’s policy trends have been consistent with liberalisation, de-regulation, privatisation, and facilitation being its foremost cornerstones.
He said the PML-N government, from day one, focused on reviving the economy, resolving the energy crisis, improving security situation, and providing ample opportunities to investors.
Sharif warmly welcomed the Chinese investors to Pakistan and said China-Pakistan friendship was witnessing new heights, manifested in CPEC and cooperation in vital economic sectors. He said Pakistan’s cooperation with China would not only bring prosperity for both countries but would also become a source of progress for the entire region.
Gao Hongwei and Zhao Xiaolong expressed the resolve to develop business ties with Pakistan. The PM was also informed that the companies were already in contact with relevant authorities.
