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The improved economic scenario and the conducive environment are attracting
investors in all sectors of economy to Pakistan. Dr. Abdul Hafeez Shaikh
Federal Minister for Privatisation & Investment stated this during a meeting
with Mr. Masood Ahmed Director General for British Policy & International
Department for International Development who called on him here today.
Dr. Shaikh said that Pakistan has embarked upon liberal economic, trade and
investment policies with a renewed commitment and continuity of these
policies, which has restored the investors confidence and made Pakistan a safe
haven for investment. The government allowed 100 equity to investors in all
the sectors while ensuring maximum facilitation, he added.
He further stated that the Telecom sector has been opened up for investment
under the deregulation policy and the roads network building was progressing
well, making the developments on the infrastructure front.
Discussing the poverty alleviation in the country the Minister stressed upon
the donors to come forward with determination and figure out feasible
mechanism to implement their projects in this regard.
Mr. Masood Ahmed Director General for British Policy & International
Department for International Development (DFID) while elucidating the purpose
of his visit informed the Minister that UK's DFID was determined to reinforce
the UK's support for Pakistan's poverty reduction agenda. Mr. Masood will hold
meetings with partners in government, the private sector and the donor
community to discuss the achievements and upcoming challenges in this regard.