Govt to provide one window operations to facilitate investors: President

Govt to provide one window operations to facilitate investors: President

ISLAMABAD: President Dr Arif Alvi said that the government was providing an efficient investment structure in Pakistan in form of one window operations to attract the foreign investors including the Pakistani expatriates.

Addressing the Pakistani Community members in Makkah, the president said one window operation would shorten and ease the lengthy processes involved in the investment procedures.
The community members included representatives of media, construction sector, banking, labourer, finance and accounting sectors, besides doctors and educationists, said a press release received here.

The president said that the procedural delays which frustrated the investors from investing in Pakistan were being streamlined into a one window operation to facilitate the investors.
He appreciated the role of Pakistani community abroad in Pakistan’s economy and earning the valuable foreign exchange for their country.

However, he underlined the need for using the banking channels for sending their hard earned money to Pakistan so that it could become a stimulus in the Pakistan’s economy. We are here for change and let us all work together for this, he added.

Replying to question on the Pak-Saudi economic opportunities, the president said that Saudi Arabia had always been supportive to Pakistan and helped Pakistan in difficult times.
He said the basis of Pak-Saudi long-term relations was the respect between the two people and love for the most sacred places of Muslims in Makkah and Madina.

The president said that both the economies had a similarity that more than 50 per cent of their population comprised youth which was a huge potential and they needed to be given opportunities to play their positive role in the development of their respective countries.
The president observed that there was a change in the Saudi market from demand of unskilled labour to skilled working class and we need to tap that opportunity.

To a question on database of overseas Pakistanis, Dr Arif Alvi said that overseas Pakistanis were goodwill ambassadors and an asset for their country and the government would involve them in the development process and take advantage of their experience.
The president took note of some of the issues raised by the community members and promised to take up the matter with the relevant quarters in Pakistan.

APP