Thursday, June 30, 2022

One-window facility to ease investment procedure:  President Alvi  


MAKKAH: President Dr Arif Alvi on Friday said that the Pakistan Tehreek-e-Insaf (PTI) government is providing one-window facility for investors to ease the lengthy investment procedure and to attract foreign businessmen.         

Addressing the Pakistani community in Makkah, President Alvi said that the procedural delays which frustrate the investors from investing in Pakistan are being streamlined into a one window operation to facilitate the investors.

According to a statement released from the ministry, Arif Alvi said that the government is providing an efficient investment structure in the country to attract the foreign investors including the Pakistani expatriates.

The president appreciated the role of overseas Pakistanis in country’s economy and earning the valuable foreign exchange for their country. He also underlined the need for using the banking channels for sending their hard earned money to Pakistan.

He said that Saudi Arabia has always been supportive to Pakistan and helped Pakistan in difficult times and added that the basis of Pak- Saudi long-term relations is the respect between the two people and love for the most sacred places of Muslims in Makkah and Madina.

The president said that both the economies have a similarity that more than 50% of their population comprises of youth which is a huge potential and the youth need to be given opportunities to play their positive role in respective country’s development.

There is a change in the Saudi market from demand of unskilled labour to skilled working class and we need to tap that opportunity, he added.

Replying to a question on database of overseas Pakistanis, Dr Arif Alvi said that overseas Pakistanis are ambassadors of goodwill and an asset for their country and added that the government will definitely involve them in the development process and take advantage of their experience.


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