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Investment process being made easier in Pakistan: Ministers

Federal Minister of Investment Board Abdul Aleem Khan and Minister of Commerce Jam Kamal Khan have expressed their determination in a meeting with Chairman Chinese Group of Companies Li Qiwang in Beijing on Thursday that the investment process in Pakistan for domestic and foreign investors is being made easier.

They added that special incentives and facilities for investment from China in Pakistan will also be given, including special economic zones, maximum facilities at ports and special banking packages for import and export, according to a press release received here from Beijing.

Federal Minister of Board of Investments, Privatization and Communications Abdul Aleem Khan, while discussing the joint venture with China Service Group, said that his Ministry is introducing unique features such as Ease of Doing Business and “One-Stop Shop” in the Ministry of Board of Investment.

He told that for the encouragement of investors Pakistan Business Portal is also being established rapidly. He said unnecessary obstacles in the way of investment in Pakistan are being removed and Online facilities are being ensured, which will reduce the difficulties of the investors and enable them to get maximum work done in the shortest possible time and they will be having an opportunity to complete more work for the accomplishment of their business activities.

Abdul Aleem Khan and Jam Kamal Khan also spent a busy day in Beijing on Thursday and held meetings with Chinese Business Groups regarding the promotion of trade activities in Pakistan.

Jam Kamal Khan said Pakistan intends to promote bilateral trade with China. He termed the successful visit of Prime Minister Shehbaz Sharif to China which will leave positive effects on our economy.

Secretary Board of Investment and senior officers of related departments also participated in the briefing.

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