Investors promised facilities

Published April 21, 2003

ISLAMABAD, April 20: Prime Minister Mir Zafarullah Khan Jamali Sunday reiterated his government’s resolve to provide maximum facilities to investors and to continue with the policies of the previous government to ensure future economic stability.

Addressing the concluding session of a two-day International Conference on Investment and Privatisation in OIC countries, the prime minister said: “Pakistan is a heaven for investors and a gateway between the east and the west.”

Pakistan has a 740kms long coastline and could serve as an opening for the landlocked neighbours, who have been seeking approach to the hot waters for the past many years, he said.

Pakistan will provide all assistance to its landlocked neighbours, he said. For investors wishing to explore these markets, this is a big incentive, he added.

He assured the foreign investors that the government will provide the necessary environment for them to concentrate on their business ventures. He said all possible facilities would be extended to enable them to work with peace of mind.

Assuring that the economic policies of the present government will proceed unhindered, he said: “We will follow the economic policies of the past few years and will continue to do so for many years.”

Jamali said Pakistan has a rich potential for the prospective investors.

“I feel confident that Pakistan is the place... it has the environment, the potential, the blessings, the geo-physical conditions, the labour and conducive conditions for all kinds of investment.”

He said the geo-strategic location Pakistan enjoyed will be of immense benefit to the prospective investors.

Minister for Investment and Privatization, Dr Abdul Hafeez Shaikh said the government was doing everything to make the country a truly investor-friendly place.

“All of us, starting from the president, the prime minister and all my (cabinet) colleagues, are working as a team to make Pakistan a truly investor-friendly place” he said in his welcome address.—APP

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