‘Pakistan regaining investors’ confidence’
Commerce minister says economic and political outlook has improved
PHOTO: ADB
LAHORE:
Federal Commerce Minister Khurram Dastgir Khan has said that Pakistan - with an improved economic and political outlook - has started regaining the confidence of international investors and the government is willing to work with and help all industries including poultry to unlock their export potential.
This week, SBP revealed that there was a 53% year-on-year decline in foreign direct investment for the first two months of the current fiscal year. However, such facts have had very little bearing on the enthusiasm exuded by the commerce minister.
Investment opportunities: German companies complain of uneven playing field
While speaking to foreign and local delegates and representatives of poultry industry at the Pakistan Poultry Association’s international exhibition IPEX 2016, the minister said that incidents of terrorism had seriously hurt Pakistan’s economy but the situation was very much in control now.
He said the participation of over 200 foreign delegates in the poultry industry’s show was evident of the fact that foreigners now feel safe to come here and explore business opportunities and the country was ready to enter into next phase of economic development, growth and prosperity.
Other countries pull out, China increases investment in Pakistan
Dastgir added that the industry now has a stable supply of energy resources, better law and order and encouraging business conditions and businessmen should exploit the country’s export potential. Additionally, the government is willing to work with them to resolve the problems it faces.
Published in The Express Tribune, September 25th, 2016.
Federal Commerce Minister Khurram Dastgir Khan has said that Pakistan - with an improved economic and political outlook - has started regaining the confidence of international investors and the government is willing to work with and help all industries including poultry to unlock their export potential.
This week, SBP revealed that there was a 53% year-on-year decline in foreign direct investment for the first two months of the current fiscal year. However, such facts have had very little bearing on the enthusiasm exuded by the commerce minister.
Investment opportunities: German companies complain of uneven playing field
While speaking to foreign and local delegates and representatives of poultry industry at the Pakistan Poultry Association’s international exhibition IPEX 2016, the minister said that incidents of terrorism had seriously hurt Pakistan’s economy but the situation was very much in control now.
He said the participation of over 200 foreign delegates in the poultry industry’s show was evident of the fact that foreigners now feel safe to come here and explore business opportunities and the country was ready to enter into next phase of economic development, growth and prosperity.
Other countries pull out, China increases investment in Pakistan
Dastgir added that the industry now has a stable supply of energy resources, better law and order and encouraging business conditions and businessmen should exploit the country’s export potential. Additionally, the government is willing to work with them to resolve the problems it faces.
Published in The Express Tribune, September 25th, 2016.