PM Directs To Remove All Obstacles In Way Of Investment
Abdullah Hussain (@Abdulla99267510) Published August 15, 2022 | 04:13 PM
Prime Minister Shehbaz Sharif has constituted a committee to address the problems faced by foreign companies especially those investing in Gwadar Free Zone.
ISLAMABAD: (UrduPoint/UrduPoint / Pakistan Point News-Auguat 15th, 2022) Prime Minister Shehbaz Sharif has directed to remove all obstacles in the way of foreign investment in the country.
Chairing a high level meeting in Islamabad on Monday, he constituted a committee to address the problems faced by foreign companies especially those investing in Gwadar Free Zone. The committee will present its report and recommendations to the Prime Minister within ten days.
The Prime Minister said the Chinese investment companies should be facilitated on priority basis. He directed to remove all the hurdles in acquisition of visa by the Chinese workers. He said the visa procedure should be simpled and fast tracked.
The Prime Minister was given a detailed briefing about the companies interested to invest ten billion Dollars in energy, infrastructure, railway, port infrastructure and other projects.
The meeting was informed that in the first phase, an immediate investment of one to two billion dollars investment is expected. These projects will not provide forty five thousand jobs but will also improve Pakistan's Ease of Doing business Index.
The Prime Minister directed the Investment board and the Ministries of Planning and Finance to collectively frame a comprehensive plan regarding these projects.
Related Topics
Recent Stories
Nazish Jahangir denies viral screenshots, calls them fake
Govt likely to hike electricity price once again
Bismah Maroof announces immediate retirement from international cricket
Malala expresses unwavering support for Gaza people
Selection committee dissolved over Pakistan women cricket team's poor performanc ..
Punjab CM Maryam Nawaz in police uniform at Chung police center
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 25 April 2024
Today Gold Rate in Pakistan 25 April 2024
Mired in crisis, Boeing reports another loss
Session Awarding Ceremony 2024 held at Cadet College Muzaffarabad
Austrian ski great Hirscher to make comeback under Dutch flag
Pakistan, Japan agrees to convene 'Economic Policy Dialogue'
More Stories From Pakistan
-
Four persons injured in car rollover accident
19 minutes ago -
Provincial Ombudsman Secretariat is determined to address public complaints
29 minutes ago -
277 training sessions held for livestock farmers
39 minutes ago -
24 criminals held
39 minutes ago -
Ombudsman’s Dera office dispose of 207 complaints at South Waziristan
48 minutes ago -
Various food points fined over violations:
49 minutes ago
-
PM for political commitment, adequate investment to achive goal of malaria-free world
1 hour ago -
Malala expresses unwavering support for Gaza people
1 hour ago -
President stresses joint efforts to control Malaria
1 hour ago -
Karachi Police arrest four suspects in crackdown on street crime
1 hour ago -
IRSA releases 163,300 cusecs water
1 hour ago -
Global tributes to kashmiri icon Amanullah Khan on 8th death anniversary
1 hour ago