FIEDMC commits to promote investment culture in country

The Nation  |  Jul 26, 2021

ISLAMABAD - As the world is grappling with the economic fallout of the corona virus pandemic, Pakistan is turning the challenge into a prospect for greater economic gain through promoting stronger trade links with regional countries under the guidelines of Prime Minister Imran Khan.

Faisalabad Industrial Estate Development and Management Company (FIEDMC) Chairman Mian Kashif Ashfaq said while presiding over a meeting of senior executives of FIEDMC through webinar from the camp office.

He said Pakistan is looking to the Covid-19 outbreak to offset some of its longstanding economic problems and remodel domestic resource distribution as it attracts significant foreign investment to boost an ailing economy, says a press release issued here today.

In this regard, Mian Kashif Ashfaq pointed out that the incumbent government under the dynamic leadership of Prime Minister Imran Khan is committed to bring out comprehensive solutions for sustaining the economic growth in the wake of global outbreak of Covid-19 pandemic in the country.

Sindh to hold LG election in province on party basis: CM Murad

Besides this, he was of the opinion that these trade and investment officers working in more than 50 countries would be bound to link the expected investors with one window operation of FIEDMC and update the administration of these economic zones about the trade possibilities of their designated countries for promoting and marketing of Pakistani products, which would help the country enhancing volume of exports.

He said he was a big supporter of foreign investment but would expect that this should now come forward with the shift and transfer of technology.

He further   said public private partnership in industries would be helpful in growing the local industry and attracting foreign investors for joint ventures.

More News