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Govt’s target is to attract FDI to Pakistan: PM Nawaz

Prime Minister Nawaz Sharif on Friday said that the government’s target was to attract foreign direct investment (FDI) to the country.

Talking to Chairman China Shipbuilding Company Xu Ziquiu, who called on him in Islamabad here today, the Prime Minister said that the country’s  investment policy was prepared to attract direct foreign investment keeping in view the conducive environment for investment.

Deregulation, privatization, liberalization and facilitation are the corner stone of the government’s policy, he added.

During the meeting, the Prime Minister said that Pakistan was following a investors-friendly and liberal investment policy under which there was no bar on repatriation of capital and profit.

The Prime Minister said that the government had focused on improvement in agriculture, industrial and services sectors.

The Prime Minister said economic outlook of Pakistan has altogether changed in the last four years, which is being acknowledged globally.

On the occasion, the Prime Minister invited the Chinese company to invest in Karachi shipyard by joining hands with Pakistan National Shipping Corporation.

China Ambassador  to Pakistan, Special Assistant to Prime Minister on Foreign Affairs Tariq Fatemi, Chairman Board of Investment Miftah Islamil and other high officials were also present on the occasion.