PM directs Integrated Scheme for Promotion of Long Term Investments

ISLAMABAD: Prime Minister Shahbaz Sharif has directed to introduce a comprehensive and integrated scheme to promote long-term investment in Pakistan.
The prime minister gave the directive during a meeting with a delegation of business leaders in Islamabad, where the investors assured full cooperation with the government to increase exports and investment.
During the meeting, Prime Minister Shahbaz Sharif said that promoting investment is necessary for sustainable economic development, and the government will provide all possible support in this regard. He said that all stakeholders have to work together for the development of the country’s economy.
He directed that the committee working on the Export Facilitation Scheme should submit its recommendations soon so that effective steps can be taken to promote exports.
The Prime Minister added that with the implementation of the Faceless System, the time taken for clearance of containers at ports has been significantly reduced, which has led to an increase in trade activity.
During the meeting, the business leaders welcomed the participation of the government in the consultation process and presented their proposals to solve various economic problems. Directing the formulation of policy measures in the light of these suggestions, the Prime Minister said that the role of the business community is key to the development of the economy, and the government will take all possible steps to further improve this sector.