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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