US Businessmen Find Investment-Friendly Conditions in Pakistan

 


CEO Public Sector Group, Citigroup and Chairman USPBC who lead the US-Pakistan Business delegation Jay Collins addresses a press conference at a local hotel in Islamabad. Mr Najeeb Ghauri of NetSol and Mr Pervaiz Lodhie of Ledtronics are also seen above

Islamabad: A delegation of US businessmen currently visiting Pakistan has termed the business environment in Pakistan friendly and conducive for foreign investors.
They expressed these views in a meeting with Jahanghir Bashar, Secretary Board of Investment on Wednesday.
Welcoming the delegation, Secretary BOI pointed out that due to the liberalized policies and the economic reforms introduced by the government, foreign investors find Pakistan a safe place to invest in.
He said that more than 600 foreign companies are operating in Pakistan reaping high interests.
He said that Pakistan has received an unprecedented FDI of over 2 billion with 3 months still to go. All the economic indicators have shown an upward trend, which add to the investors confidence.
Jay Collins appreciating the steps taken by the Government of Pakistan for the economic turn around said that YS is the biggest investor in Pakistan and more investment are keen to invest here.
He said that US-Pakistan Business Council was established with the aim to advancing the investment opportunities, trade and commerce and to develop the business relationship between the two countries.
They have come to Pakistan with the view to bringing the private sectors of the two countries closer to create a conducive environment and also to give a positive signal to rest of the world that Pakistan is a safe place to invest in, he added.

 

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Editor: Akhtar M. Faruqui
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