Prime Minister Yousaf Raza Gilani has said that the government is taking all measures to facilitate local and foreign investors to enhance investment in various sectors, which will help realise the vision of a prosperous Pakistan.
Talking to Board of Investment (BOI) Chairman Saleem H Mandviwalla at the PM House on Saturday, Gilani said the pace of expansion of Pakistan Steel Mills should be accelerated, adding modernisation and revamping of the mill with Russian technical assistance would enhance its capacity and transform it into a profit-earning enterprise.
He underscored the need for more meaningful interaction with neighbouring countries to attract investment in various sectors, including power and energy.
He said Russian Minister for Economic Development Elvira Sakhipzadovne Nabiullina had been invited to visit Pakistan, adding heads of foreign investment from Italy and Sri Lanka were also expected to come to Pakistan this year. Mandviwalla also discussed the possibility of opening branches of Turkey’s Ziarat Bank and Russia’s BTB Bank in Pakistan.
Published in The Express Tribune, June 26th, 2011.
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