PR No. 98 Prime Minister Meets Members Of OICCI Islamabad

Prime Minister Muhammad Nawaz Sharif has said that the present government has put the national economy on the right track to achieve sustainable growth and has ensured absolute transparency and merit in the financial transactions, which has encouraged the investors to invest in Pakistan. The Government’s economic policies are aimed at improving the overall economy for which the key issue of energy shortfall is addressed on priority basis.

The Prime Minister said this in a meeting held at PM House today with a delegation of Overseas Investors Chamber of Commerce & Industry (OICCI) led by its president Mr Atif Bajwa.

The Prime Minister further said the role of Foreign Direct Investment (FDI) for the economy is phenomenal and the present government is ensuring all necessary steps to attract further FDI. We are determined to pursue investors’ friendly policies and provide an ideal environment to local and foreign investors, added the Prime Minister.

Mr Atif Bajwa said that the ease of doing business in Pakistan has improved under the present government and majority members of OICCI plan to invest more in Pakistan. He further said that 82% members foresee continuing growth in the next 2-3 years, 79% members will advocate for more FDI while 69% members of OICCI expect to contribute more taxes and employ more people. Thanking the Prime Minister for his business-friendly and investors’ friendly policies, the president OICCI said that the investment risk profile substantially improved during the present government.

The meeting was also attended by Engr Khurram Dastgir Khan, Minister for Commerce, Mr Mifta Ismail, SAPM/Chairman BOI and other senior officials of the government and members of OICCI.