Lahore: Chief Minister Punjab, Sardar Usman Buzdar has invited the Italianinvestors on Tuesday to invest in Special Economic Zones (SEZs) wherefacilities were provided to the investors.
During the meeting with Italian Ambassador Chief Minister said that sevenSEZs had been notified and the establishment of 13 SEZs had been planned bythe government.
He further assured to provide different facilities to Italian investors inspecial economic zones.
“New tourist spots are being developed and the scope of the Walled City ofLahore Authority had been expanded to the whole of the province,” he added.
Following the meeting, Italian Ambassador to Pakistan Mr Andreas Ferraresesaid that a conducive atmosphere had been provided to investors, and a lotof work had been done for the protection of historical places.
Previously, the Italian Ambassador called on Chief Minister Punjab SardarUsman Buzdar at his office on and discussed matters of mutual interest andinvited the CM to visit Italy.
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Moreover, both agreed to promote bilateral cooperation for the protectionof historical places as well as the promotion of tourism.
The Special Economic Zone (SEZ) is an area in a country that is subject todifferent economic regulations than other regions within the same country.
The economic regulations SEZs tend to be conducive and attract foreigninvestment.
