French businessmen to invest in Pakistan

French businessmen to invest in Pakistan

ISLAMABAD (APP): The French business companies Tuesday expressed their interest to take advantage of new trade and investment opportunities in Pakistan emanating out of China Pakistan Economic Corridor (CPEC).

Talking to Minister for Planning and Development Ahsan Iqbal here at his office, a delegation of France Pakistan Business Council (FPBC) representing various French companies said there were huge opportunities of investments in infrastructure, energy, agriculture, defence and digital sectors of Pakistan.

It said they were quite aware of the rapidly changing situation of the region as CPEC was providing huge opportunities ofinvestments in various sectors of Pakistan.

The minister for Planning invited the French businessmen to exploit the opportunities of investments in Pakistan.

He urged the French companies should also help Pakistan in modernizing its industrial sector.

He said the government was taking special measures to enhance trade volume with other countries including France.

He said due to economic reforms taken by the government, the fiscal deficit had decreased by 50 per cent while its growth rate was touching 5 per cent now.