Federal Minister for Investment Waqar Ahmad Khan on Saturday stated that the government intends to boost the economy by creating market competitiveness and is encouraging private sector's participation to achieve a meaningful breakthrough in investment and exports. "We are asking the inventors to invest in agro-farming, low-housing schemes, livestock and energy sectors on preferential basis" he stressed.
Addressing a press conference he said that there is dire need of public private partnership to steer the country out of the energy crisis. Waqar said that new investment policy is rapidly gaining the attention of foreign investors. We are offering them better returns and incentives on their investment.
We are promising security and guarantee to the investors and their investment through legal means. We are attracting Chinese, Korean, French and other potential companies, working in power sector for investment in Pakistan, so they could be benefit with immense investment opportunities available here.
Federal Minister said that political wisdom and far-sighted economic policies of the government has given new thrust to the economic activity. It is a matter of pride for Pakistan that it is presently ranked much better than many countries of the world, in respect of investment opportunities. It claimed that Pakistan has become one of the best investment friendly countries compared to many other countries.
Waqar Ahmed Khan elaborated that ministry of investment is meant to facilitate local and foreign investors. Investment demands effective research input and expertise, which is a time consuming activity. He said that the government provides relevant study reports to the foreign investors on different projects and arranges their meetings with the concerned ministries to provide them instant valuable information regarding their projects at the earliest.