PR No.14 Islamabad: March 2, 2016

Minister of State/Chairman of Board of Investment Dr. Miftah Ismail met with Luo Gangju Chairman of Guiyang Fangzhou High Tech Co Ltd today.

Minister of state welcomed the Chairman Lou Gangju and his delegation. He talked about the business environment in Pakistan. He said our target to stabilize the economy has been achieved and now we are on a path of growth and there are lot of opportunities for the foreign investment here in Pakistan. Lot of foreign investments is coming to Pakistan, he further added that CPEC (China Pakistan Economic Corridor) will be a strategic game changer in the region and would go a long way in making Pakistan a richer and stronger entity. The investment on the corridor will transform Pakistan into a regional economic hub. The corridor will be a confidence booster for investors and attract investment not only from China but other parts of the world as well.

I am quite hopeful for the business environment as our 4 Es (Education, Energy, Economy, Extremism) strategy is working well for the country.

Chairman Gangju said that Pakistan has a growing economy and a very good place for the investment. He told that Guiyang Fangzhou is a service & solution provider company which does policing for traffic violations and leasing system etc. Further he said that this is their first visit to Pakistan and they would like to continue their association with this association with Pakistani Business Community in future as well.

In the end, Minister of State thanked the delegation for coming and taking interest in business and investment in Pakistan and assured them that government of Pakistan will facilitate them as much as possible.