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 Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Rigging claims
Updated 04 May, 2024

Rigging claims

The PTI’s allegations are not new; most elections in Pakistan have been controversial, and it is almost a given that results will be challenged by the losing side.
Gaza’s wasteland
04 May, 2024

Gaza’s wasteland

SINCE the start of hostilities on Oct 7, Israel has put in ceaseless efforts to depopulate Gaza, and make the Strip...
Housing scams
04 May, 2024

Housing scams

THE story of illegal housing schemes in Punjab is the story of greed, corruption and plunder. Major players in these...
Under siege
Updated 03 May, 2024

Under siege

Whether through direct censorship, withholding advertising, harassment or violence, the press in Pakistan navigates a hazardous terrain.
Meddlesome ways
03 May, 2024

Meddlesome ways

AFTER this week’s proceedings in the so-called ‘meddling case’, it appears that the majority of judges...
Mass transit mess
03 May, 2024

Mass transit mess

THAT Karachi — one of the world’s largest megacities — does not have a mass transit system worth the name is ...