Wasim Sajjad Condemn mian Channu blast

Federal Minister for Investment, Senator Waqar Ahmed Khan said that China has contributed US$31.2 million Foreign Direct Investment (FDI) to Pakistan during the financial year 2008-09. Talking to mediamen, the federal minister said that China infrastructure, engineering, agriculture, IT, telecommunication and many other economic sectors of the country. He was of the view that frequent inflow of FDI would help strengthen country's economy besides enhancing productivity in industrial and other development sectors. He said that Pakistan was offering level-playing field to both local and foreign investors, saying that every sector of its economy was open for investment. Waqar said that the government believes in providing legal protection to the foreign investors and their investment, saying that it has taken special measures in this regard. "We are committed to providing conducive business atmosphere to make our economy more resilient and vibrant," the Minister added. The Federal Minister said that the present government recognizes the importance of the power sector and intends to have a more focused approach towards its development on a priority basis. Waqar expressed the hope that the graph of Pakistan's economy would further go up with the efforts of government.

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