ISLAMABAD: Pakistan’s Minister for Privatization and Communications Abdul Aleem Khan said on Thursday that a coordinated and integrated system in collaboration with the provinces would be developed to promote investment and trade, besides ensuring the investors’ protection.
While presiding over a high-level meeting on “Ease of Doing Business”, arranged by the Board of Investment, the minister said that the consultation with the provinces would be done for legislation to be enacted at the provincial level so that the investors can get a more satisfactory environment.
He said that all the four provinces and their chief ministers would also be taken into confidence in this regard, adding that ease of doing business would provide a clear road map for the promotion of business in Pakistan while its related proposals, legislation and other important matters would be finalized soon.
He further said that the proposed investment and business promotion projects along with the timeline would be submitted to Prime Minister Shehbaz Sharif for final approval.
Government Determined to Remove Hurdles in Attracting Investment
Aleem Khan said that the government was determined to remove all the hurdles in attracting investment as well as to streamline the existing system and institutions for the facilitation.
He said that the business community should be facilitated on the pattern of developed nations for which problems being faced, especially those in Special Economic Zones would be removed on a priority basis.
