Islamabad: The Investment Board secretary, Ms Fareena Mazhar, informed the Prime Minister on Thursday of the actions the government was doing in order, according to media reports, to remove barriers to investment and trade. Special steps are taken to simplify the process for obtaining No-Opposition Certificates (NOCs), to relieve the tax collection system, to revise the legislation and to alter existing procedures.

Read more: Funds allocated to new Islamabad projects

Premier Imran (PM) Khan chaired a review meeting with Senior Officials as well as Chief Secretaries of four provinces, and PM Special Assistant Shehbaz Gill, President of National Electric Power Regulatory Authority (Nepra) and Moeed Yusuf, National Security Advisers.

As this country is going towards economic stability, The PM authorized measures to enable investors to do business. He stated more investment is necessary to maintain this trend of increased growth. He also stressed the importance of investment to economic growth and development.

The PM reported that in a separate meeting the Coca-Cola Icek team informed Coca-Cola that the country offers international corporations a variety of investment opportunity. Coca-Cola Icek Pakistan’s General Manager notified the premier of their desire to develop a new Khyber Pakhtunkhwa Beverage Facility (KP), which would create many employment opportunities and investment for affiliates.

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