Business

Govt offers opportunities for conducive-business environment: Musadik

Written by The Frontier Post

F.P. Report

ISLAMABAD: Minister of State for Petroleum Musadik Malik on Thursday said the coalition government was offering ample opportunities to business community through a long term and focused planning.

Addressing to the 5th Leaders in Islamabad Business Summit 2022 “ Imagineering the future” here, the minister said that the government was introducing business friendly policies to incentivize the investors.

The summit was jointly hosted by Nutshell Group and Martin Dow, in strategic partnership with Overseas Investors Chamber of Commerce and Industry (OICCI).
Musadik Malik said that the continuity in policies was inevitable for sustainable economic development.

The minister stressed the need for virtualization of production systems in the wake of globalized world and increased virtual connectivity among the people.

“Education is the basic right of every citizen of the country and it is the prime responsibility of the government to provide equal opportunities to everyone,” he added.

The minister said Pakistan could be seen as a result of imaginations from the future including the building of dams, generation of 11,000 megawatts and the Lady Health Care Program in the country.

“Pakistan will be a changed country in 2047 with imaginations of the future and its implementation in the country is vital through consistent policies for various sectors to be rolled out without interventions,” he said.

At present, Musadik said the nation was struggling for getting basic human rights for access to education and health even in 2022, which was being taken for granted in the world.

Speaking on the occasion, former Chairman Joint Chiefs of Staff Committee Zubair Mahmood Hayat noted that China Pakistan Economic Corridor (CPEC) was the future of Pakistan, which would bring immense strategic benefits to the country.
He stressed the need for a national consensus and political will to move forward on the account to the next level.

The minister said Pakistan stood among the 20 nations of high significance in the emerging new world with capabilities and vulnerabilities alike, however we needed to optimize our strength and move ahead in the right direction.

“Pakistan needs fundamental correction to stabilize the economy as its strengths and vulnerabilities are known by everyone including the issues of taxes and the role of cartelization in the industries which is hijacking the economic benefits,” he maintained.

Pakistan is a country of 240 million people which is the 5th most populous country, the 4th most intelligent, and the 5th largest English-speaking diaspora having the largest digital connectivity in the land, he said and added the country had still all fundamentals in place but these had never been put together which was a problem.

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