Govt liberaizing policies to woo foreign entrepreneurs: PM

Govt liberaizing policies to woo foreign entrepreneurs: PM

Foreign Entrepreneurs News Update

DAVOS: Prime Minister Muhammad Nawaz Sharif has said his government is
pursuing a comprehensive plan to create investment friendly environment and
is liberalizing its policies to welcome foreign entrepreneurs.

 Talking to a group of heads of top ranking companies at a roundtable on the sidelines
of the annual meeting of the World Economic Forum here the other day.

PM Sharif said Pakistan offers incentives to attract new capital inflows, including
tax exemptions, tariff reductions, infrastructure, and investor facilitation services.

He said Pakistan has offered to establish Special Economic Zones, which provides
tax holiday for investors with duty free import of plant and machinery. We will,
therefore, like to invite you to establish your exclusive SEZ.

Muhammad Nawaz Sharif said the economic outlook of Pakistan has altogether
changed in the last three years, which is being acknowledged globally.

The CEOs were also appreciative of the positive economic outlook of Pakistan and shared their optimism regarding investment in Pakistan.

They also said that they were pleased to find Pakistan a good destination for re-export of their value added products.

They further expressed thatoptimism that Pakistan was now ready for investment due to its sound economic policies.

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