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  • President says Pakistan offers tremendous opportunities for investment

 

President Mamnoon Hussain has stated that as the present government was keen to provide a level playing field to all international and local businesses, Pakistan offered tremendous opportunities for Foreign Direct Investment (FDI).

“Our skilled human resource, relatively low wages and worthwhile business incentives are important factors to induce investment,” the president said while speaking at a dinner he hosted for the participants of Pakistan-China Business Forum 2015 at the Aiwan-e-Sadr on Sunday night. He said the Government of Pakistan ensures the protection of investment, profit repatriation and equal treatment in matters of taxation.

The president said as business entrepreneurs always look for new markets and investment opportunities, Pakistan is surely the country where investment guarantees lucrative profits.

“It is a large market with 200 million people, offering huge demographic dividends. I, therefore, urge you to avail the vast market opportunities in Pakistan and to exploit this tremendous business potential,” he added.

The president noted with satisfaction that China and Pakistan enjoy deep-rooted relations, strengthened by eternal bonds of brotherhood and good will, adding, “Our deep historical friendly relationship has stood the test of time.”

Referring to his visit to China in February last year, the President said the two sides agreed to strengthen strategic coordination and practical cooperation and to build a China-Pakistan community with a shared destiny.