Islamabad: Prime Minister Imran Khan chaired a meeting on foreign investment in industries being established under the Special Economic Zones developed under China’s multibillion-dollar Pakistan Economic Corridor project on Tuesday.
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The meeting was attended by Federal Ministers Shaukat Fayyaz Tarin, Shah Mehmood Qureshi, Sheikh Rashid Ahmed, Asad Umar, Makhdoom Khusro Bakhtiar, Ali Zaidi, Trade and Investment Adviser Abdul Razzaq Daud, Special Assistants Waqar Masood and Moeed Yousuf, and CPEC Chairman Authority Lt Gen (r) Asim Saleem Bajwa.
The meeting was informed that all concerns relating to the issuing of visas to Chinese employees and authorities working on CPEC projects have been handled, and the Ministry of Interior is handling fresh cases on a daily basis, which has sped up the completion of the projects.
A detailed overview of the Board of Investment’s complete strategy for the formation of export industries in SEZs was given in the meeting. The group was briefed on the identification of potential foreign investors in various areas in China, as well as the advantages offered to them for making direct investments in Pakistan.
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The meeting was also briefed on three major international mobile businesses’ development of assembly operations in Pakistan, as well as their positive impact on local consumption and exports. A briefing on the actions taken by the CPEC Authority, the Ministry of Industries and Production, and the Board of Investment to expedite the facilitation of Chinese investors was also delivered.
The Prime Minister stated that completing CPEC on time is one of the government’s top goals, and that the government is taking initiatives to boost export industry investment in the SEZ.
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