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We providing efficient investment structure in Pakistan to attract foreign investors: President

Islamabad, December 14, 2018 (PPI-OT): President Dr Arif Alvi has said that we are providing an efficient investment structure in Pakistan to attract the foreign investors including the Pakistani expatriates. One window operation will shorten and ease the lengthy processes involved in the investment procedures. President Dr. Arif Alvi added that the procedural delays which frustrate the investors from investing in Pakistan are being streamlined into a one window operation to facilitate the investors. He said this while addressing the Pakistani Community members in Makkah.

The community members included representatives of media, construction sector, banking sector, labourer sector, finance and accounting sector, doctors and educationists. The President appreciated the role of Pakistani community abroad in Pakistan’s economy and earning the valuable foreign exchange for their country. But he underlined the need for using the banking channels for sending their hard earned money to Pakistan so that it can become a stimulus in the Pakistan’s economy.

We are here for change and let us all of us together work for this change, he added. Replying to question on the Pak- Saudi economic opportunities, President of Pakistan said that Saudi Arabia has always been supportive to Pakistan and helped Pakistan in difficult times. The basis of Pak- Saudi long-term relations is the respect between the two people and love for the most sacred places of Muslims in Makkah and Madina.

The president said that both the economies have a similarity that more than 50% of their population comprise of youth which is a huge potential and the youth need to be given opportunities to play their positive role in respective country’s development. There is a change in the Saudi market from demand of unskilled labour to skilled working class and we need to tap that opportunity, he added.

Replying to a question on database of overseas Pakistanis, Dr Arif Alvi said that overseas Pakistanis are Ambassadors of goodwill and an asset for their country and we will definitely involve them in the development process and take advantage of their experience. The President took notes of the some of the issues raised by the community members and promised to take up the matter with the relevant quarters in Pakistan.

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