Pakistan lies at the crossroads of South, Central and West Asia

Sep 19, 2013

Pakistan lies at the crossroads of South, Central and West Asia. Being a market of more than 180 million people, our human resource capital, comprising a youthful, educated and skilled work-force, is second to none in the world”, said Prime Minister Nawaz Sharif while addressing the Pakistan-Turkey Trade and Investment Forum. PM said, “Pakistan is also endowed with rich and untapped natural resources. Our coal reserves in Sindh are one of the largest in the world,” All these advantages coupled with a friendly investment policy offers ideal opportunities for investment in Pakistan, he added.

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He said the present government’s primary purpose was to create a conducive environment for trade and investment. “We have a liberal investment policy, which includes 100% equity ownership, full repatriation of capital, tax breaks, customs duty concessions on import of plant and machinery and raw materials.”
The Prime Minister said special economic zones had been established with efficient infrastructure and one window facility and more such zones were in the offing.
He said Turkey and Pakistan enjoyed deep-rooted relations, underpinned by eternal bonds of amity and brotherhood.
The centuries old love and affection that existed between the peoples of Pakistan and Turkey, was unmatched, he said.
“We have a spiritual communion exemplified by the poetry of Allama Muhammad Iqbal and Maulana Jallaluddin Rumi.”
“The aim of my government is to increase GDP gradually to 7 per cent, enhance foreign exchange reserves to over US $ 20 billion, reduce public debt by 57 per cent of the GDP and to increase investment to GDP ratio to rise to 20 per cent”, expressed the PM while addressing Trade and Investment Forum. CM Shahbaz Sharif, Federal Minister for Water and Power Khawaja Asif and Finance Minister Ishaq Dar were also present