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Home / Breaking News / Govt to provide all out assistance to foreign investors interested in SEZs

Govt to provide all out assistance to foreign investors interested in SEZs

ISLAMABAD -UNS – Minister for Foreign Affairs Shah Mehmood Qureshi Sunday reaffirmed the Pakistan Tehreek-e-Insaf (PTI) government’s commitment to fully encourage foreign investment in Pakistan and provide all out assistance to investors especially those interested to pump money in Special Economic Zones (SEZs) under China Pakistan Economic Corridor (CPEC).

He expressed these views during a meeting with Faisalabad Industrial Estate Development and Management Company (FIEDMC) Chairman Mian Kashif Ashfaq who called on him, said a press release.

 

He said the first phase of CPEC was focused on infrastructure development and energy generation while in second phase industrial cooperation and socioeconomic development were our highest priorities.

He said the government had set up SEZs especially prioritized ones and Allama Iqbal Industrial City under CPEC of FIEDMC would also help meet these objectives.

He also appreciated Mian Kashif Ashfaq for accelerating the pace of development projects in Allama Iqbal Industrial City and asked him to seek mutual cooperation from investors of this whole region, especially the landlocked Central Asian countries and Afghanistan, to benefit from the CPEC.

“CPEC is a game-changer for the entire region and there is no restriction on any country, including the USA, to invest in the special economic zones, being established under CPEC,” added Qureshi.

FIEDMC Chief Operating Officer Muhammad Aamir Saleemi and other senior officers besides experts were also present on the occasion.

FIEDMC Chairman Mian Kashif Ashfaq apprising Foreign Minister Shah Mehmood Qureshi of Allama Iqbal Industrial City said this sole project would house as many as 400 industries besides giving employments to 2,500,00 people.

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