SIALKOT

Board of Investment (BOI) Secretary Iftikhar Babar has said that after the commencing of the grand project of Pak-China Economic Corridor, Pakistan has become an ideal country for foreign investment.

He stated this while addressing a meeting of the Sialkot exporters held at the auditorium of Sialkot Chamber of Commerce and Industry (SCCI).

He added that the affective and positive policies of the government were paving the ways for direct foreign investment in Pakistan. he said that the government was successfully providing secure , safe and investment-friendly atmosphere to the national and foreign investors. The direly needed step was helping a lot in restoring the confidence of the foreign investors, he added.

Babar said that the government had planned to establish special economic zones in the major industrial cities of the country, where all the trade and investment related facilities will be provided for the national and foreign investors with 10-year exemption of taxes.

The BOI secretary announced to arrange a joint meeting of the senior authorities of federal government, ANF and FBR to discuss the problems being faced by the Sialkot industries.

SCCI President Fazal Jillani, SVP Mir Alamgir Meyer and Sialkot Dry Port Trust (SDPT) Chairman Khawar Anwar Khawaja were also present.