ISLAMABAD, Aug 17 (INP-WealthPK): The government of Pakistan has constituted a committee to resolve the problems faced by foreign investment companies, particularly related to Gwadar Free Zone. The committee will submit a comprehensive report along with recommendations to prime minister’s office within 10 days.

Chairing a high-level meeting on investment, Prime Minister Shehbaz Sharif said Chinese investment companies would be provided with facilities on a priority basis. He directed that hurdles be removed in the issuance of visas to Chinese personnel without any discrimination against project workers related to China-Pakistan Economic Corridor (CPEC) from other countries.

The prime minister directed the Board of Investment, Ministry of Planning and Ministry of Finance to jointly devise a comprehensive plan to promote investment.

At the meeting, the prime minister was apprised about the investment of $10billion by companies in areas of energy, infrastructure, railways and other projects. In the first phase, an investment of one to two billion dollars was expected in the projects, which would create 45,000 employment opportunities and  improve the ‘Ease of Doing Business Index’ of the country

Credit: Independent News Pakistan-WealthPk