LAHORE - Inaugurating Haier Phase Two extension project and JW Forland car plant near Lahore on Saturday, Prime Minister said government is striving to improve ease of doing business to facilitate domestic and foreign investors.
Prime Minister Imran Khan said foreign investment and creation of wealth will help Pakistan getting out of economic crisis and to achieve prosperity.
He said red tapism, unnecessary delays and corruption are main obstacles in the way of doing business in the country.
Imran Khan said this is first phase of JW Forland car plant in Pakistan and in subsequent phases complete manufacturing of vehicles will be done in the country.
The Prime Minister said the electric cars to be manufactured in future will help resolve the pollution problem in Lahore and other big cities of the country.
He said the government will receive a tax of 30 billion rupees after the complete expansion of the project. He expressed hope that these vehicles will be exported out of Pakistan earning valuable foreign exchange for the country.
The Prime Minister congratulated CEO Javed Afridi for bringing foreign investment in the country and creating employment opportunities for local people.