ISLAMABAD: Federal Minister for Planning, Development and Reforms Ahsan Iqbal said that Pakistan was a future hub of trade, commerce and industry in Asia as it was located in that of the continent.
“It is the best time for the foreign investors to invest in Pakistan as the country is rapidly developing and it is becoming stable and peaceful”, he said while addressing International Investment Conference here. He said due to prudent policies of the government Pakistan’s economy was improving every day and in two years time, the investors would be queuing up to enter Pakistan for investment in different sectors.
He said participation of such a large number of foreign delegates at the Conference was the proof itself that there was no issue of law and order situation in the country.
More than 350 invitees including 241 foreign investors from all continents of the world including Australia, Bahrain, China, Denmark, France, Finland, Italy, Japan, Korea, Malaysia, Netherlands, Newzealand, Qatar, Russia, Saudi Arabia, Singapore, Thailand, Turkey, UAE, UK and USA are participating in the conference.
Highlighting upon seven pillars of the government’s Vision 2025, the minister said that the government was committed to achieve all targets of Vision 2025.
He said rather than depending upon foreign loans and aids, the government wanted to move towards self-reliance by boosting trade and commerce with the world.
The government, he said, was determined to enhance country’s exports from current volume of $ 25 billion to $150 billion by 2025, while the country would be brought among the top 20 world economies by 2025 and among top 10 economies by 2047.
He said the government was investing heavily in hydel projects and the mega projects including Diamir Bhasha dam would not only help generate huge amount of electricity but also would be a huge source of water storage.
