Prime Minister Shehbaz Sharif has directed to eliminate all barriers in the way of overseas investment in the country.
Chairing a excessive stage meeting in Islamabad on Monday, he constituted a committee to tackle the issues confronted by using overseas companies mainly these investing in Gwadar Free Zone. The committee will existing its report and suggestions to the Prime Minister within ten days.
The Prime Minister stated the Chinese investment corporations have to be facilitated on priority basis. He directed to get rid of all the hurdles in acquisition of visa by the Chinese workers. He stated the visa procedure need to be simpled and speedy tracked.
The Prime Minister used to be given a certain briefing about the corporations involved to invest ten billion dollars in energy, infrastructure, railway, port infrastructure and different projects.
The meeting used to be informed that in the first phase, an immediate investment of one to two billion dollars investment is expected. These tasks will no longer grant forty five thousand jobs however will additionally enhance Pakistan s Ease of Doing Business Index.
The PM directed the Investment Board and the Ministries of Planning and Finance to collectively frame a complete plan regarding these projects.