Govt Committed To Provide Conducive Environment To Investors: Razak Dawood

ISLAMABAD, (UrduPoint / Pakistan Point News - 14th Dec, 2018 ) :Adviser to the Prime Minister on Commerce, Textile and Industries Abdul Razak Dawood Friday said the government was committed to provide conducive business environment to investors, both local and foreigners.

Overseas Pakistanis would be preferred to foreign investors for initiating business activities in their motherland, he said while speaking as the chief guest at the conference "Emerging Pakistan " organized by the Rawalpindi Chamber of Commerce.

The adviser said the prudent economic policies being adopted by the government would attract sizeable foreign direct investment in the country.

He said Pakistan wanted to get market excess in China, Japan, Indonesia and South Korea to increase its exports for narrowing down the trade gap. "We have devised a comprehensive strategy to tap potential international markets," he said.

The Adviser said the government would give incentives to the industrial sector for increasing exports. An industrial policy was being evolved in that regard, he added.

"We will draft separate policies for each industry such as textile, leather, engineering goods, and sports goods," he said.

He said the government was also working on the tariff policy, which would likely to be announced by the end of June 2019.

The adviser said the government was committed to provide ease of doing business facilities to the businessmen. Prime Minister Imran Khan was taking personal interest into improving 'ease of doing business' environment, which was included into first 100-day agenda of the Pakistan Tehreek-e-Insaf government, he added.