Prime Minister Imran Khan has invited the Chinese companies to invest in the diverse sectors of Pakistan including housing, textile, manufacturing, IT and financial services, physical and technological logistics, agriculture, oil and gas and tourism and hospitality.
He lauded the Chinese government for lifting 70 crore people out of poverty in 30 years with impactful development projects. “One of President Xi Jinping’s biggest crusade has been against corruption,” he said, adding that he had heard that some 400 “ministerial-level people” had been convicted on corruption and put behind jail in the last five years in China.
“I wish I could follow President Xi’s example and put 500 corrupt people in Pakistan in jail.” However, he said that processing in Pakistan was “very cumbersome”. He said that corruption is one of the biggest impediments to investment in a country. “What inspires me most about China is the way they have lifted 700 million people out of poverty in 30 years,” he said adding: “This has never happened in human history.”
The premier said that since his government had come to power they had taken a conscious decision to make it easier for investors to come into Pakistan. “We will want them to make profits in Pakistan.”
“Now we have decided that there will be one authority which will resolve all the problems of CPEC and that authority will be the Prime Minister’s Office so that my office can make it easier for people investing in Pakistan.” The premier emphasised that now was the time to invest in Pakistan. “The Prime Minister’s Office will dealing with the major investors in our country and CPEC will be dealt again from the Prime Minister’s Office.”
“It’s an exciting in Pakistan because as we open up our country for business it is a great opportunity for people to come and invest and as we change the mindset in Pakistan, we want businesses to come and make money.”
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27 September, 2019