Prime Minister Nawaz Sharif speaks during the Belt and Road Forum for International Cooperation in Beijing, China May 14, 2017. PHOTO: REUTERS
Prime Minister Nawaz Sharif endorsed Pakistan's business prospects at the One Belt-One Road Pakistan Investment Forum in Hong Kong on Wednesday.
Addressing the ceremony, PM Nawaz said Pakistan is a highly attractive destination for investment that no global player can afford to miss, Radio Pakistan reported.
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"Pakistan is set on track for rapid, inclusive, and sustainable growth. I invite you to take benefit from the economic revival of Pakistan and enjoy the first mover's advantage. Pakistan is ready to do business with the world," said the premier, adding that Pakistan is a gateway to energy rich Central Asia, oil rich Gulf and economically advanced Far East.
"Nine Special Economic Zones are being established along the China Pakistan Economic Corridor (CPEC) route where foreign companies can invest in factories, warehouses, logistic centres and much more for consumption in Pakistan's market as well as for export," said PM Nawaz.
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The premier further stated the government of Pakistan has devised a comprehensive plan to create an investment friendly environment. "We have liberalised investment policies to welcome foreign direct investment (FDI), and have offered incentives to attract new capital inflows including tax exemptions, tariff reductions and investment facilitation services."
"Pakistan's investment policy is focused on reducing the cost of doing business," he added.
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