Categories National

Alvi, Sanjrani urge British businessmen to invest in SEZs, Gwadar

While talking to a British business delegation on Friday President Arif Alvi expressed that there are vast opportunities of investment in Pakistan saying foreign investors should take advantage of the business friendly environment.

President Dr Alvi further said the British businessmen should invest in different sectors of Pakistan’s economy. He said the government is encouraging investment in special economic zones (SEZs) by offering incentives to the investors. The British delegation also called on Chairman Senate Muhammad Sadiq Sanjrani at Parliament House and discussed ways for enriching bilateral cooperation in the field of investment.

Apprising the delegation of Pakistan’s friendly investment policies, the chairman underlined that the environment for investors in Pakistan is conducive which the British should also take benefit from. “Business and economic ties between the two countries would help bring people closer together. In order to stabilise the economy, we should try to build the confidence of the investors”, he stresses.

The chairman also highlighted the importance of Gwadar and how the Gwadar Port could become a game-changer for the entire region. He said that the multi-billion dollar project is emerging as a new economic hub and the British investors should also need to seize the opportunity by investing in Gwadar. He said, “Gwadar will play a key role in the development and prosperity of the region.” Pakistan had historical ties with the United Kingdom. Such business and investment-related visits would help accelerate the economic activities, Sanjrani said. On the occasion, Sadiq Sanjrani emphasized that scores of Pakistanis living in the UK were playing the role of a bridge between the two countries.

The delegation included Albert Barry lesse (MD Cribgogh Ltd), Thomas Albert Lesse (MD Trulux Group), Jeremy Derek Moxey ( Trulux Group) and Andrew John Edwards ( Trulux Group). Senators Shibli Faraz and Saifullah Khan Niazi were also present in the meeting.

Author

More From Author

You May Also Like

Competition Commission of Pakistan, CCP merger approval, Toyota Motor Corporation Pakistan, Daimler Truck AG, Hino Motors Limited, Mitsubishi Fuso Truck and Bus Corporation, MFTBC, commercial vehicle merger, global restructuring automotive sector, truck and bus manufacturing Pakistan, commercial vehicles market Pakistan, Toyota Hino merger, Daimler Truck investment, AIB Limited holding company, merger control Pakistan, Competition Act 2010, Competition Merger Control Regulations 2016, automotive industry Pakistan, truck manufacturing Pakistan, bus manufacturing Pakistan, foreign investment Pakistan automotive, CCP competition assessment, vehicle distribution Pakistan, market competition analysis, international automotive restructuring, Pakistan commercial transport sector

CCP Approves Toyota-Led Merger of Hino and Mitsubishi Fuso

ISLAMABAD:  The Competition Commission of Pakistan (CCP) has approved two interconnected merger transactions that are…

Speakers at Hamdard University Pay Tribute to Shaheed Hakim Mohammad Said’s Lasting Contributions to Healthcare, Education, and Community Welfare

ISLAMABAD:Speakers on Thursday paid rich tribute to Shaheed Hakim Mohammad Said, founder of Hamdard Foundation…

Punjab government EV policy, electric vehicles Punjab, hybrid vehicles Pakistan, EV charging stations, fossil-fuel vehicle ban, green energy Pakistan, sustainable transport Punjab, petrol pump EV units, carbon footprint reduction, electric vehicle adoption

Green Shift: Punjab Bans New Petrol and Diesel Vehicles for All Departments

LAHORE: In a decisive move toward environmental sustainability, the Punjab government has officially banned the…