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Govt invites Swedish investors to invest in energy sector: Pervaiz Rashid

byCustoms Today Report
08/06/2015
in Business
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ISLAMABAD: The government luring the foreign investors to invest in the country.

This was revealed by Information Minister Pervaiz Rashid, saying that the government has invited Swedish investors and businessmen to invest in Pakistan’s energy and infrastructure projects.

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The minister was addressing a ceremony at the residence of Swedish Ambassador in Islamabad on National Day celebrations of Sweden.

Pervaiz Rashid said both the countries have cooperated and extended support to each other at various international fora on issues of mutual interest. He said we look forward to continue this cooperation in future as well. Meanwhile, Minister for Information and Broadcasting has rejected the rumours of abolishing subsidy on wheat for Gilgit-Baltistan. In a statement on Sunday, he said these rumours are totally baseless.

The Minister said these rumours are being spread to get votes in GB elections. He said that Rs6.5 billion have been fixed as subsidy on wheat for Gilgit Baltistan in the budget.

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