Prime Minister of Pakistan has instructed to remove all the hurdles in the way of foreign investment in the country.
Recently, called a high level meeting in capital where he constituted a committee to tackle the problems faced by foreign companies especially those investing in Gwadar Free Zone.
Within 10 days, the committee will share it’s findings and recommendations to Shehbaz Sharif.
Shehbaz Sharif directed that the Chinese investment companies should be facilitated on priority basis.
He instructed to tackle all the hurdles in acquisition of visa by the Chinese workers. He stated that the visa procedure should be simpled and fast tracked.
Further, he briefed in detail about the firms who are interested to invest 10 billion dollars in energy, infrastructure, railway, port infrastructure and other projects.
It was disclosed in the meeting that an immediate investment of 1 or 2 billion dollars investment is expected in the first phase. Such projects not only provide 45,000 jobs but would also improve Pakistan s Ease of Doing Business Index.
PM instructed the Investment Board and the Ministries of Planning and Finance to have a collective frame comprehensively planning on these projects.
