Wednesday, 3 December 2008

PM Urges oN Bringing More FDI To Country

This news updete by www.thearynews.com



ISLAMABAD: Prime Minister Syed Yousuf Raza Gilani has asked the Ministry for Investment to work vigorously to bring more direct foreign investment in the country.

He said the Ministry should work to persuade foreign investors to take full advantage of the investment friendly atmosphere in Pakistan.

The Prime Minister was talking to Waqar Ahmad Khan, Minister for Investment who called on him here at the PM House on Wednesday.

Gilani said the government has taken measures to encourage foreign investment with liberal foreign exchange framework and full legal protection.

The Prime Minister said the comparative advantage enjoyed by Pakistan due to the availability of skilled manpower, low manufacturing cost, availability of infrastructure and raw material, was making Pakistan a destination of choice for foreign investments.

The Minister for Investment informed the Prime Minister that the Ministry has already started prioritizing its goals and targets in line with the specific instructions given by the Prime Minster.

He said various initiatives for bringing more FDI into the country are underway and expressed the hope that this year investment would surpass last year’s figures.

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