ISLAMABAD - Finance Minister Ishaq Dar on Monday said new auto policy would attract foreign investment.

He made these remarks in a meeting with the newly appointed Japanese Ambassador Takashi Kurai, who paid a courtesy call on the finance minister. Minister Dar welcomed the Japanese envoy and said he would be extended all possible cooperation in his endevaours to augment Pak-Japan economic cooperation.

The Japanese envoy discussed with the minister, the investment plans of the Japanese companies in the wake of auto policy announced by the government.

The minister said that Pakistan now offers the most lucrative investment opportunities and an enabling economic environment for foreign investors. The re-launching of Yamaha, Japan last year was a practical example and proof of the interest international companies including those from Japan, evince in having business activities in Pakistan. He said that level playing field is offered to all prospective international investors and Japanese companies could also avail the liberal investment regime. Japanese investors are welcome to Pakistan’s auto market, the minister said.

The minister on this occasion also referred to his meeting with the delegation of JICA in Frankfurt on the sidelines of the ADB annual meeting and appreciated JICA’s contribution for various projects in Pakistan. During the meeting, JICA’s programme of financing for the Polio Eradication programme and signing of agreement to this effect was also discussed. The minister wished Takashi Kurai, the best in his tenure as Ambassador in Pakistan.