ISLAMABAD: Prime Minister Muhammad Nawaz Sharif said that the government was making arduous efforts to transform Pakistan into a conducive and attractive destination for foreign investments. He said that steady appreciation in the Baseline Profitability Index (BPI) stood testimony to the fact that Pakistan was a investment attraction including a long term business association.
Prime Minister Nawaz Sharif was talking to Morinaga Milk Industry Company Chairman Akiro Ohno. Morinaga Milk Co is a leading producer and seller of dairy products in Japan that specialises in milk, dairy-based beverages, yogurt, desserts, condensed milk, powdered milk, butter and cheese etc.
On the occasion, Akiro Ohno appreciated the investment-friendly policies of the government and showed interest to expand investment in Pakistan.
Meanwhile, a delegation of Morinaga Milk Industry Company Japan led by its Chairman Akiro Ohno along with a delegation of ICI Pakistan called on President Mamnoon Hussain at Aiwan-e-Sadr. The President called for further expanding and strengthening bilateral economic and business ties between the two countries. The President stated that Pakistan attached great importance to its bilateral relations with Japan and regarded it as an important development partner.
The President expressed hope that improved coordination and visits by Japanese business delegations to Pakistan would further boost up Foreign Direct Investment (FDI) in Pakistan. The President emphasized on further exploring possibilities for launching joint business ventures of mutual interest in different sectors of economy to further advance the bilateral trade links.
The President said that the government was undertaking effective measures to restore economy and attain economic development and stability. The President said that Pakistan was an attractive destination for investment due to its business and investor friendly policies.
The President stated that the dairy sector of Pakistan possessed vast potential and invited Morinaga Milk Industry of Japan to invest in this sector and tap its potential.
The Morinaga Milk Industry chairman thanked the President for meeting and expressed confidence that bilateral trade relations between the two countries would be further enhanced in the future.
