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State Minister for Finance Omar Ayub said on Friday the decision of Metro Company to invest 200 million dollars in Pakistan clearly showed that foreign organisations had great confidence in the country, adding the investing environment in Pakistan was very good. He said the investment of the Metro Company would be done in the dairy products, which would also be exported to the international markets, adding the expertise thus gained would also be useful for the local market.
Omar said our products' export to the international markets was a clear sign that they were of the high quality, and said many firms of the international repute had stated that Pakistan offered very good opportunities for investment.
The Minister said one Arab Company had invested 15 million dollars in the Karachi Electric Supply Company (KESC), which was another good example of the "confidence the foreigners have in us. Since foreign investments were rising day by day, our economy too has started growing very rapidly".
Omar Ayub said, "we have always assured the investors that their money here would be completely safe". He said the ever-larger growing number of investors also indicated that they had full confidence in us.
The Minister for finance said, "we did not impress them just with words. We have won their confidence by action. The credit for offering better opportunities to foreigners goes to Prime Minister Shaukat Aziz, who has created investor-friendly atmosphere in Pakistan," he added.
He said that had been a major factor in the growth of the national economy, before that the national economy was in ruins, adding now it was very stable and getting stronger day by day and the "effort to further boost the economy is the salient feature of our policy."
He said that was for the benefit of all and sundry in "our beloved homeland".

Copyright Associated Press of Pakistan, 2005

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