HONG KONG: Prime Minister Muhammad Nawaz Sharif has said Pakistan was emerging as a rising and secure country, on the track of sustainable growth due to its liberal investment policies.
“Today I present to you a rising, confident and secure Pakistan – a country full of vigour to make its mark in the world,” the Prime Minister told Hong Kong’s top businessmen and corporate leaders at the Pakistan Investment Forum. The event themed ‘One Belt, One road’ was organized by China Innovative Finance Group Limited and Consulate General of Pakistan.
The Prime Minister invited businessmen of Hong Kong to invest in Pakistan and take advantage of its strategic location, rich human and material resources, political stability and attractive investment policy.
He said despite numerous challenges, Pakistan was becoming an emerging economy and a destination that no global player could afford to miss. He said Pakistan with its sixth largest population in the world, 80 million middle class and attractive investment environment was a destination for investors.
He said there was no minimum requirement for the amount of foreign equity and the investors could repatriate 100 percent profits and dividends.
The Prime Minister said the consumer market in Pakistan was growing at a very fast pace, adding the consumer demand for automobiles, housing and electronics was thriving and providing considerable returns to the corporate sector. He mentioned that the services industries particularly telecommunication, hospitality and online-retail were fast growing into attractive areas for investment.
The Prime Minister said from a 3 percent GDP growth before 2013, the country was projected to achieve 5.5 percent GDP growth this year, and 7 percent in two years.
He said Pakistan ‘s Vision 2025 served as a comprehensive strategy for achieving sustainable growth and mapped the country to join the top 25 economies in the world leading to Upper Middle Income country status by 2025.
