Govt taking measures to promote investment, export industries in SEZs under CPEC: PM

F.P. Report

ISLAMABAD: Prime Minister Imran Khan Tuesday, terming timely completion of the China Pakistan Economic Corridor (CPEC) one of the government’s foremost priorities, stressed that measures were being taken for the promotion of investment in export industries in the Special Economic Zones (SEZs).
The industries, besides providing jobs, increasing economic volume and the precious foreign exchange, would also ensure the access of “Made-in-Pakistan” brand in the international market, he added.
The prime minister expressed these views while presiding over a review-meeting on foreign investment in export industries under CPEC.
Federal ministers Shaukat Tarin, Makhdoom Shah Mahmood Qureshi, Sheikh Rashid Ahmad, Asad Umar, Makhdoom Khusro Bakhtiar and Ali Haider Zaidi; Advisor on Commerce and Investment Abdul Razak Dawood; PM’s special assistants Dr Waqar Masood and Dr Moeed Yusuf; CPEC Authority Chairman Lt Gen (retd) Asim Saleem Bajwa and senior officers concerned were present in the meeting, which was also attended through video-link by State Bank Governor Reza Baqir.
The meeting was told that with the complete redressal of visa issues for Chinese officials coming to Pakistan under CPEC, the Ministry of Interior was disposing of the new cases on daily basis, which was positively impacting the pace of CPEC.
The Board of Investment (BOI) briefed the meeting in detail about the comprehensive strategy for the establishment of export industries in the SEZs.
The meeting was apprised of the identification of possible foreign investors from China in different sectors and the incentives being offered to them for direct investment in Pakistan.
It was told about the establishment of mobile assembly units by three big international mobile companies in Pakistan as well as their domestic consumption and the positive effects on exports.