AIRLINK 173.15 Increased By ▲ 15.74 (10%)
BOP 10.65 Increased By ▲ 0.28 (2.7%)
CNERGY 8.52 Increased By ▲ 0.20 (2.4%)
CPHL 97.46 Increased By ▲ 4.57 (4.92%)
FCCL 47.25 Increased By ▲ 0.52 (1.11%)
FFL 15.42 Increased By ▲ 0.54 (3.63%)
FLYNG 28.13 Increased By ▲ 1.15 (4.26%)
HUBC 138.91 Increased By ▲ 4.90 (3.66%)
HUMNL 12.81 Increased By ▲ 0.29 (2.32%)
KEL 4.54 Increased By ▲ 0.33 (7.84%)
KOSM 5.55 Increased By ▲ 0.16 (2.97%)
MLCF 62.26 Increased By ▲ 1.38 (2.27%)
OGDC 214.75 Increased By ▲ 6.23 (2.99%)
PACE 5.55 Increased By ▲ 0.15 (2.78%)
PAEL 44.86 Increased By ▲ 4.08 (10%)
PIAHCLA 18.70 Decreased By ▼ -0.10 (-0.53%)
PIBTL 10.74 Increased By ▲ 0.76 (7.62%)
POWER 12.26 Increased By ▲ 0.30 (2.51%)
PPL 173.87 Increased By ▲ 5.10 (3.02%)
PRL 36.22 Increased By ▲ 1.19 (3.4%)
PTC 23.56 Increased By ▲ 0.57 (2.48%)
SEARL 95.31 Increased By ▲ 2.21 (2.37%)
SSGC 39.13 Increased By ▲ 3.56 (10.01%)
SYM 14.02 Increased By ▲ 0.36 (2.64%)
TELE 7.23 Increased By ▲ 0.28 (4.03%)
TPLP 10.29 Increased By ▲ 0.29 (2.9%)
TRG 64.68 Increased By ▲ 4.01 (6.61%)
WAVESAPP 10.04 Increased By ▲ 0.34 (3.51%)
WTL 1.33 Increased By ▲ 0.03 (2.31%)
YOUW 3.70 Increased By ▲ 0.05 (1.37%)
BR100 12,492 Increased By 252.4 (2.06%)
BR30 37,694 Increased By 1300.9 (3.57%)
KSE100 116,189 Increased By 2036.1 (1.78%)
KSE30 35,750 Increased By 549.8 (1.56%)

LAHORE: Federal Minister for Board of Investment, Privatization and Communications Abdul Aleem Khan said that the positive results had been started to emerge and the participation of more than 800 investors and companies from 70 countries in the recent conference in Karachi was proof of this.

While addressing leather and Footware Show at local hotel, he said that our companies should market their brands to other countries in a good manner and take positive steps keeping in view the competitive atmosphere, international standards and modern trends.

Abdul Aleem Khan said that the bilateral partnership of Pakistani companies and Chinese institutions had been already started through mutual investment while there was sufficient scope for export of leather industry, footwear and sports goods for which the Board of Investment would provide all kinds of facilitation.

Pakistan, Turkiye agree to boost business activities, investment

He said that China and Pakistan can prove to be a big market for each other in various products and the Ministry of Commerce is providing full support to the investors of both countries in the light of the orders of the Prime Minister.

Meanwhile, Federal Ministers Abdul Aleem Khan and Jam Kamal Khan inspected the products displayed in the 9th Pakistan Footwear and Manufacturers Show and appreciated the standards of Pakistani companies where 25 prominent Pakistani and Chinese companies participated. China Association invited Federal Ministers Abdul Aleem Khan and Jam Kamal Khan to visit China.

Later, they participated in the B2B meeting between Chinese and Pakistani companies where they said that the visit to China last month led by the Prime Minister had been very beneficial and the Pakistani Embassy in China had increased the number of Commercial and Trade Officers up to 20 in order to promote trade activities between the two countries.

Senior persons of Chinese companies presented shields to the federal ministers and appreciated their cooperation.

Responding to questions in media briefing besides the 9th Footwear Manufacturers Association Show, Abdul Aleem Khan said that the privatization of PIA was progressing smoothly, 6 companies have been shortlisted and the date of October 1 has been fixed. The loss of 100 billion will be saved and the citizens will get an international standard airline, he added.

The federal minister said that all the state owned enterprises in deficit would be privatized as doing business was domain of private institutions and not the government.

Copyright Business Recorder, 2024

Comments

Comments are closed.