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November 23, 2008 Sunday Ziqa'ad 24, 1429



Pakistan offers incentives to investors


ISLAMABAD, Nov 22: The government is preparing a comprehensive and multi-pronged strategy for enhancing foreign and domestic investment in the country, said Minister for Investment Waqar Ahmed Khan.

In a statement, the minister said that Pakistan offers investment-friendly environment to investors with tremendous potential in various fields of economy.

“Pakistan also offers incentives to foreign investors, especially in oil and gas sectors,” he added.

The minister called upon the investors to take optimum benefits of the opportunities and incentives for their own benefit and for socio-economic prosperity of the country.

He further said that Chinese investors were very keen to invest in Pakistan in services and telecom sectors, adding that investors from the Middle East were also interested in joint ventures.

“Government intends to develop special industrial zones for Chinese investors in the Punjab,” adding that a special incentive package would be offered to investors, who intend to do business in special export zones of the country.

The minister said that vast opportunities were available for exploration of oil and gas in Punjab, Sindh and Balochistan, adding that investors from the country, as well as abroad, have similar opportunities to invest in these sectors. —APP







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