Pakistan has huge investment opportunities, shortest gateway to Central Asia: PM
Prime Minister Imran Khan says Pakistan has initiated a multi-dimensional reforms process to improve the investment climate to make it an attractive destination for potential investors in the country.
In an interview with Jeddah based Saudi daily newspaper, he said Pakistan has a bundle of investment opportunities to the world and a shortest gateway to Central Asian Countries via the China-Pakistan Economic Corridor (CPEC).
The Prime Minster said government is focusing on automation in each sector to reduce the cost, time and administrative procedures to facilitate the investors.
He said Crown Prince Muhammad Bin Salman's visit to Pakistan is a manifestation of the strength of bilateral and economic relationship.
Imran Khan said during the visit of Crown Prince main highlight will be the signing of the MoU in respect of the oil refinery, which is Saudi Arabia's largest investment in Pakistan's history. We expect Saudi Arabia to invest in petro-chemical industries, solar-powered electricity projects and mining sector.
He said keeping in view, the proximity of Gwadar Port to the Middle East and its regional geo-strategic position, there are huge potentials for the countries of the region to reap economic benefits.
To a question, he said Pakistan will always stand with Saudi Arabia, won't allow anyone to threaten its sovereignty.