Advisor to the Prime Minister on Industries, Basharat Raja said on Monday that the Ministry of Industries looks forward for mutually beneficial investment and for promoting Japanese investment in Pakistan. He said during a meeting with a delegation of Japan International Co-operation Agency (JICA) here.
"Through mutual co-ordination, we will search ways for promoting development and generating job opportunities in Pakistan", he remarked. He assured the delegation of full support and co-operation of the ministry. Masao Nagase, JICA special Advisor to BoI, briefed the Advisor about the challenges and opportunities for investment in Pakistan. He said that Pakistan has huge potential for investment and Japanese are already engaged in many investment projects in the country.
However, Mr Nagase pointed out few problems and challenges the Japanese investors have to face in Pakistan. He indicated that security of the investors is the most serious problem. In addition to it, infrastructure development; better logistics and minimum power outages need to be ensured by the government. In reply to the reservations raised by the delegates, the Advisor assured them that the ministry will seriously consider and try to resolve their problems at the earliest.
"We appreciate the concerns and reservations put forward by you", Muhammad Basharat Raja commented. In this regard, he added, the ministry has already forwarded a draft of new "Industrial Policy" to the cabinet. He assured the delegates that the ministry will try to minimise the hurdles, as much as possible. "We will make it sure that the policies and decisions taken in this regard will be implemented without undue delays".
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