Finance Minister Muhammad Aurangzeb has underscored the government’s commitment to facilitating private sectorled growth, with a focus on creating a businessfriendly environment.
He was talking to the Global CEO of FLSmidth, Mikko Keto, who called on him here in Islamabad on Tuesday. During the meeting, the Finance Minister emphasized Pakistan’s strategic shift towards an exportled growth model aimed at ensuring sustainable economic development across various sectors.
He also highlighted the government’s ongoing efforts in the form of comprehensive reforms in the energy and power sectors, privatization of stateowned enterprises, and restructuring of the tax system and public expenditure.
Muhammad Aurangzeb said the private sector must lead the way, and our role is to ensure maximum facilitation. Mikko Keto expressed his appreciation for the support provided by Pakistan and shared insights into the company’s growing presence in the country.
He highlighted FLSmidth’s increased investment in Pakistan’s mining sector, which has led to enhanced local value addition, increased taxation contributions, and the creation of employment opportunities for locals.
He said we have a comprehensive understanding of the mining potential in Pakistan, and we are keen to explore further investment opportunities through local partnerships and collaborations.
The Finance Minister assured the delegation of Pakistan’s dedication to providing a favorable and conducive investment climate for foreign investors.
Both the sides expressed their strong commitment to strengthening the economic ties between Pakistan and Denmark, particularly in the mining and cement industries.
