Alvi stresses corruption-free environment to attract investment

Published April 26, 2019
FASIALABAD: President Arif Alvi speaking at the PTEA Export Excellence Award ceremony on Thursday.
FASIALABAD: President Arif Alvi speaking at the PTEA Export Excellence Award ceremony on Thursday.

FAISALABAD: President Arif Alvi said that Faisalabad has become the centre stage of trade and business activities in the wake of China-Pakistan Economic Corridor (CPEC) project.

Addressing the Export Excellence Award ceremony organised by the Pakistan Textile Exporters Association (PTEA) here on Thursday, he said that Pakistan is expanding its business ties with more nations and signing trade agreements with them. However, a corruption-free environment must be provided in order to materialise them.

He said the energy crisis is a major issue which has hampered our growth rate and its root causes must be identified to avoid recurrence. With the gradual improvement in law and order situation, investors are fully prepared to invest in Pakistan and we must facilitate them through good policies, Alvi added.

The president also underlined the importance of tourism and said that it is one of the fastest growing sectors of our economy. He mentioned the need to develop Gilgit-Baltistan and other attractive sites in the region to attract visitors. Alvi further highlighted major of Buddhist and Sikh holy sites which could help promote religious tourism in the country.

He said that he would request Prime Minister Imran Khan to visit Faisalabad at an appropriate time to interact with the people and local business community.

Provincial Minister for Industries, Commerce and Investment Mian Aslam Iqbal also addressed the function and promised that provincial departments would resolve genuine issues of the business community on priority basis.

Published in Dawn, April 26th, 2019

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Growth to stability
Updated 29 Apr, 2026

Growth to stability

THE State Bank’s decision to raise its key policy rate by 100 basis points to 11.5pc signals a shift in priorities...
Constitutional order
29 Apr, 2026

Constitutional order

FOLLOWING the passage of the 26th and 27th Amendments, in 2024 and 2025 respectively, jurists and members of the...
Protecting childhood
29 Apr, 2026

Protecting childhood

AN important victory for child protection was secured on Monday with the Punjab Assembly’s passage of the Child...
Unlearnt lessons
Updated 28 Apr, 2026

Unlearnt lessons

THE US is undoubtedly the world’s top military and economic power at this time. Yet as the Iran quagmire has ...
Solar vision?
28 Apr, 2026

Solar vision?

THE recent imposition of certain regulatory requirements for small-scale solar systems, followed by the reversal of...
Breaking malaria’s grip
28 Apr, 2026

Breaking malaria’s grip

FOR the first time in decades, defeating malaria in our lifetime is possible, according to WHO. Yet in Pakistan,...