Premier lures global investors

By Shakeel Ahmed

ISLAMABAD: Prime Minister Imran Khan on Thursday invited foreign companies to invest in Pakistan taking benefit from the country’s huge business opportunities under the new e-commerce policy.

In a meeting with Chairman of supervisory Board Huawei, Li Jie along with his delegation, here at PM Office, the prime minister urged them to involve brilliant young minds of Pakistan working in technical fields.

The Prime Minister also highlighted availability of inexpensive labour and competent and enterprising youth potential of the country which would help the foreign countries to further grow.

The Prime Minister further said that expertise in providing import substitution and advancement in technical automation operation launched in collaboration with students of NUST and GIK would be of great advantage.

Chairman Li Jie informed the Prime Minister about the progress being made by the company in the network domain. They have successfully established a new ecosystem so as to become independent of reliance on companies enjoying the monopoly in the field.

The possibility of relocation of manufacturing units to Pakistan also came under discussion.

Li Jie said he was really impressed with the intellect of the Pakistani students, who were running a programme of merit awards to the students of NAMAL .

Chairman Board of Investment Syed Zubair Haider Gillani, Secretary Commerce Sardar Ahmed Nawaz Sukhera, Secretary IT . Shoaib Ahmed Siddiqui were present.

Meanwhile, Prime Minister Imran Khan and Crown Prince of the United Arab Emirates (UAE) Sheikh Mohammed bin Zayed Al Nahyan exchanged pleasantries over a phone call today along with discussing important regional matters, ARY News reported on Thursday.

Both leaders emphasised on the need to further cultivate and enhance bilateral relations between the two countries.

Arab media reporting on the development said that both leaders discussed the regional and global matters in detail.

Pakistan on Wednesday (yesterday) welcomed Riyadh Agreement for the restoration of enduring peace and stability in Yemen.

Prime Minister Imran Khan in his tweet, said Pakistan welcomes the landmark Riyadh Agreement, as a result of the initiative taken by the Saudi leadership and support by UAE Government for durable peace and security in Yemen.

 

 

 

– says govt properties for public welfare

 

Staff Report

 

ISLAMABAD: Prime Minister Imran Khan has said that the present government will utilise income from the state-owned properties for the welfare of masses. He announced that the income generated from the government-owned properties will
be spent on employment and improvement in economic purposes. The premier made the announcement while chairing a high-level session held to get a briefing on utilising Punjab’s government land for public welfare projects.

The session was attended by Punjab Chief Minister Usman Buzdar, federal law minister Farogh Naseem, Punjab Minister for Cooperatives Mehar Muhammad Aslam Bharwana, Punjab’s law minister Raja Basharat, provincial chief secretary Yousaf Naseem Khokhar and other senior officers.

A briefing was given to PM Khan over the government properties under the supervision of Punjab Cooperative Board For Liquidation (PCBL).

The officials apprised PM Khan that PCBL owned 293 properties, whereas, 98 properties including agriculture, commercial and residential sites are available for auction which worth trillions. The officials detailed that the cases are under proceeding in different courts regarding the other properties. The provincial board retrieved the properties by the new administration of PBCL within six months.

PM Khan said that a bigger share of the economy and resources is spent on the payment of foreign loans. He termed it criminal negligence by the previous government for not utilising the state-owned properties for public welfare.

He directed PBCL and law ministers to take all the necessary steps. The premier said that difficult decisions are crucial for the betterment in the national economy and the steps are bringing positive results now.

He added that the government will have to increase efforts for further improvements in the economy besides providing relief to the nationals.

 

 

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