CM Punjab lauded for providing conducive environment for investment

Confidence of investors restored during Pervaiz Elahi's tenure, says industrial tycoon Sir Anwar Pervaiz

Punjab Chief Minister Chaudhry Pervaiz Elahi on Sunday met with an eminent businessman and an industrial tycoon of Pakistan Sir Anwar Pervaiz at CMO, an official press release said.

It said that Sir Anwar Pervaiz appreciated the steps being taken by the chief minister for the promotion of business and investment in the province.

He lauded the chief minister for taking exemplary steps for the investment opportunities in a short span of time. He said that the steps being taken by CM Pervaiz for the facilitation of the investors are praiseworthy, adding that the CM is also performing invaluable work to resolve the problems of the overseas Pakistanis.

Read more: PML-N lawmakers concerned over inactivity in Punjab

Sir Anwar Pervaiz remarked that during the tenure of CM Pervaiz, the confidence of the investors has been restored and “we are mulling over the option to make new investments”, adding that under his able leadership the Punjab province will once again move towards durable progress and prosperity.

CM Elahi while talking to Sir Anwar Pervaiz stated that the investors busy in eradicating poverty and making endeavours for economic prosperity are worthy benefactors of the country.

He disclosed that his government provided a conducive environment for making a real investment for the first time in the province, adding that Punjab is a fertile land for investment.

The chief minister said that he himself is monitoring to safeguard the foreign investment, adding that we will not let the file relating to investment to “red-tapism” and no one will be allowed to interfere in the matters of overseas Pakistanis.

The CM highlighted that they are resolving all the problems of the investors under a single roof. He informed that in order to increase investment in real estate and for the facilitation of the people they have reduced the 100 per cent stamp fee on the transfer of property and have fixed one per cent fee across Punjab.

The government will earn revenue amounting to billions of rupees from these steps, he added.

CM Elahi lauded the services of Sir Anwar Pervaiz and former principal secretary to CM GM Sikandar who was also present on the occasion.