The government planning to establish special investment zones to attract foreign and domestic investment and they will be provided with special incentives including tax holidays, duty free exports and dedicated power plants. President Asif Ali Zardari expressed these views while talking to Nasir al-Mari of al-Noor investors, Kuwait, who called on him at presidency on Tuesday.
Highlighting the investment friendly environment in Pakistan, President underlined the need that foreign investors should enhance level of their investments in Pakistan in different sectors. He said that the government has also devised a new strategy of public-private partnership whereby both the state and private entrepreneurs will benefit from the investment.
"We have also offered various incentives for private sector to invest in the establishment of food storage houses in Pakistan", he added. Nasir Al-Mari said Kuwaiti investors are keen to invest in Pakistan and that his group is exploring different avenues for investment in Pakistan. He added that both Pakistan and Kuwait enjoy close and cordial relations.
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