AIRLINK 81.10 Increased By ▲ 2.55 (3.25%)
BOP 4.82 Increased By ▲ 0.05 (1.05%)
CNERGY 4.09 Decreased By ▼ -0.07 (-1.68%)
DFML 37.98 Decreased By ▼ -1.31 (-3.33%)
DGKC 93.00 Decreased By ▼ -2.65 (-2.77%)
FCCL 23.84 Decreased By ▼ -0.32 (-1.32%)
FFBL 32.00 Decreased By ▼ -0.77 (-2.35%)
FFL 9.24 Decreased By ▼ -0.13 (-1.39%)
GGL 10.06 Decreased By ▼ -0.09 (-0.89%)
HASCOL 6.65 Increased By ▲ 0.11 (1.68%)
HBL 113.00 Increased By ▲ 3.50 (3.2%)
HUBC 145.70 Increased By ▲ 0.69 (0.48%)
HUMNL 10.54 Decreased By ▼ -0.19 (-1.77%)
KEL 4.62 Decreased By ▼ -0.11 (-2.33%)
KOSM 4.12 Decreased By ▼ -0.14 (-3.29%)
MLCF 38.25 Decreased By ▼ -1.15 (-2.92%)
OGDC 131.70 Increased By ▲ 2.45 (1.9%)
PAEL 24.89 Decreased By ▼ -0.98 (-3.79%)
PIBTL 6.25 Decreased By ▼ -0.09 (-1.42%)
PPL 120.00 Decreased By ▼ -2.70 (-2.2%)
PRL 23.90 Decreased By ▼ -0.45 (-1.85%)
PTC 12.10 Decreased By ▼ -0.89 (-6.85%)
SEARL 59.95 Decreased By ▼ -1.23 (-2.01%)
SNGP 65.50 Increased By ▲ 0.30 (0.46%)
SSGC 10.15 Increased By ▲ 0.26 (2.63%)
TELE 7.85 Decreased By ▼ -0.01 (-0.13%)
TPLP 9.87 Increased By ▲ 0.02 (0.2%)
TRG 64.45 Decreased By ▼ -0.05 (-0.08%)
UNITY 26.90 Decreased By ▼ -0.09 (-0.33%)
WTL 1.33 Increased By ▲ 0.01 (0.76%)
BR100 8,052 Increased By 75.9 (0.95%)
BR30 25,581 Decreased By -21.4 (-0.08%)
KSE100 76,707 Increased By 498.6 (0.65%)
KSE30 24,698 Increased By 260.2 (1.06%)

The structural reforms carried out by the government over the years and consistency in economic policies have created an investment friendly climate in the country, which offers level playing field to all investors. This was stated by Prime Minister Shaukat Aziz while talking to Gary Jones, Senior Vice President, Total Parco, who called on him at the Prime Minister's House on Wednesday.
The Prime Minister said that the government pursues a policy of transparency, efficiency, and professionalism while maintaining business like atmosphere in order to create an enabling environment so that business can flourish and prosper. This, he said, would encourage more investment thus creating new employment opportunities in the country.
The Prime Minister said that this year we will have more than one billion dollars in foreign direct investment, which is the highest and we are expecting the next year to be even better.
Gary Jones apprised the Prime Minister of the operations of his company in Pakistan and informed that it has now installed 100 petrol pumps in the country and plans to double it in the next two years. These pumps, he said, are the most visible example of French investment and interest in Pakistan.
The Prime Minister said that due to high growth in the economy, which is spread over all sectors there has been a rise in the middle class which has rowing purchasing power and more consume oriented. The Prime Minister said that the increase in middle class and their purchasing power could be gauged from the increase in telecom subscribers, which has risen to 10 million and is likely to reach 30 million in the next three years. Similarly, there has been an increase in sales of motorbikes, automobiles and other consumable goods in the rural areas.
Gary Jones said that he was impressed with the phenomenal growth in Pakistan and the political will to carry on with the present economic policies based on liberalisation, deregulation and professionalism along with privatisation.

Copyright News Network International, 2005

Comments

Comments are closed.