Govt urged to offer incentives for FDI
There is a dire need for chalking out a comprehensive plan to support foreign investment in the country
As the country moves towards a smooth transition of power at the centre and in the provinces, Malik said foreign portfolio investment will increase in the country’s stock market. PHOTO:REUTERS
ISLAMABAD:
The South Asian Association for Regional Cooperation (Saarc) Chamber of Commerce and Industry (CCI) has urged the incoming Pakistan Tehreek-e-Insaf (PTI) government to offer incentive packages to attract foreign direct investment (FDI). In a statement, Saarc CCI Senior Vice President Iftikhar Ali Malik said that under Imran Khan, the long-term FDI can be channeled towards manufacturing and infrastructure sectors for supporting the increase in employment and economic growth. He said there is the dire need for chalking out a comprehensive plan to support foreign investment in the country and provide all facilities through one-window operations by terminating red-tapism and extra legal constraints, which hampers foreign investment procedure. As the country moves towards a smooth transition of power at the centre and in the provinces, Malik said foreign portfolio investment will increase in the country’s stock market.
The South Asian Association for Regional Cooperation (Saarc) Chamber of Commerce and Industry (CCI) has urged the incoming Pakistan Tehreek-e-Insaf (PTI) government to offer incentive packages to attract foreign direct investment (FDI). In a statement, Saarc CCI Senior Vice President Iftikhar Ali Malik said that under Imran Khan, the long-term FDI can be channeled towards manufacturing and infrastructure sectors for supporting the increase in employment and economic growth. He said there is the dire need for chalking out a comprehensive plan to support foreign investment in the country and provide all facilities through one-window operations by terminating red-tapism and extra legal constraints, which hampers foreign investment procedure. As the country moves towards a smooth transition of power at the centre and in the provinces, Malik said foreign portfolio investment will increase in the country’s stock market.