Islamabad: According to media reports, the secretary of the Board of Investment, Mrs. Fareena Mazhar, informed the Prime Minister (PM) on Thursday of the government’s efforts to remove barriers to investment and trade. Streamlining the process of getting no-objection certificates (NOCs), providing relief in the tax collecting system, amending the law, and changing archaic procedures are among the particular measures done.
PM Imran Khan presided over a review meeting in which the PM’s Special Assistant Shehbaz Gill, Chairman of the National Electric Power Regulatory Authority (Nepra), National Security Adviser Moeed Yusuf, and senior officers, as well as the chief secretaries of four provinces, were all present via video link.
As the country approaches economic stability, the PM ordered measures to make it easier for investors to do business. He went on to say that more investment is needed to keep the upward growth trend going. He also stressed the importance of investment for economic growth and development.
According to reports, the PM told a Coca-Cola Icecek group at a separate meeting that the country offers global corporations a variety of investment prospects. Coca-Cola Icecek Pakistan’s general manager informed the premier of the company’s plans to develop a new beverage facility in Khyber Pakhtunkhwa (KP), resulting in countless job opportunities and investment in related industries.