$9 billion foreign investment projects in Pakistan

$9 billion foreign investment projects in Pakistan

*LAHORE - A *projects worth $3 billion financed by foreign investors have been started by the Punjab Board of Investment and Trade (PBIT), said PBIT Chairman Sardar Tanvir Ilyas.

More projects amounting to $6 billion were in the pipeline.

He said the provincial government had also introduced one-window operation to facilitate investors and help them benefit from the best raw material, labour and infrastructure.

The private sector should be prioritised in order to create more employment and ensure development in the country, he added.

He said the economic measures taken by the Pakistan Tehreek-e-Insaf (PTI)-led government would benefit the people on a permanent basis.

The board chairman stressed the need for providing opportunities for the private sector and helping it boost employment. “We need to provide all possible facilities to the business community for which the board is taking steps,” he said, adding that the government was working on streamlining things for businessmen as they were key stakeholders in investment promotion.

More from this category