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All obstacles in the way of foreign investment in the country should be removed immediately. Minister Achi News

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All obstacles in the way of foreign investment in the country should be removed immediately. Minister

A high-level meeting on investment in the country was held under the chairmanship of Prime Minister Shahbaz Sharif. In the meeting, the Prime Minister directed that all obstacles in the way of foreign investment in the country should be removed immediately. The Prime Minister has established a committee to solve the problems of foreign investment companies, especially companies investing in Gwadar Free Zone. The committee will submit a detailed report and recommendations to the Prime Minister within ten days. Chinese investment companies should be facilitated on priority basis. All obstacles in obtaining visas for Chinese workers should be resolved immediately. The visa procedure should be simplified and accelerated by removing the distinction between CPEC visas and visas of other companies in the visas of Chinese workers. Federal Ministers Miftah Ismail, Chaudhry Salik Hussain, Ahsan Iqbal, Special Assistants Tariq Fatemi, Zafaruddin Mahmood and relevant senior officials participated in the meeting. In the meeting, the Prime Minister was informed in detail about the companies interested in investing 10 billion dollars in energy, infrastructure, railways, port infrastructure and other projects. The meeting was told that an investment of 1 to 2 billion dollars is expected immediately in the first phase. Apart from this, these projects will not only create more than 45,000 employment opportunities, but also improve Pakistan’s Ease of Doing Business Index. The Prime Minister immediately issued instructions to the Board of Investment, the Ministry of Planning and the Ministry of Finance to prepare a comprehensive plan for these projects with mutual cooperation.

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