ISLAMABAD - Prime Minister Nawaz Sharif said yesterday China-Pakistan Economic Corridor will make Pakistan a regional manufacturing hub and very attractive market for foreign direct investment.
Talking to a delegation led by President KOC Group Turkey Fatih Kemal Ebiclioglu here, the Prime Minister said CPEC included major infrastructure, energy and communication projects. He said that the government and people of Pakistan attach great importance to its relationship with Turkey. He said Pakistan and Turkey shared common perceptions on all regional and international issues. Nawaz Sharif appreciated the initiative of the KOC Group to enter into the Pakistani market by acquiring Dawlance, a premium home appliances company of Pakistan.
He said improvement in security situation has enhanced Pakistan’s position as an attractive destination for foreign direct investment in the last three years. The Prime Minister said: “Our investment policy has been designed to provide a comprehensive framework for creating a conducive business environment.”
Appreciating the economic turnaround achieved by the present government Fatih Kemal Ebiclioglu said that Pakistan is an ideal place for investment and his company is determined to further invest in various sectors of Pakistan’s economy.
Other members of the delegation included Levent Cakirogiu, Hakan Hamdi Bulgurlu and Salih Arslantas. Muhammad Ishaq Dar, Minister for Finance, Khurram Dastgir Khan, Minister for Commerce, Mifta Ismail, Chairman Board of Investment and other senior government officials were also present during the meeting.