AGL 40.03 Increased By ▲ 0.02 (0.05%)
AIRLINK 129.31 Increased By ▲ 2.31 (1.82%)
BOP 6.80 Increased By ▲ 0.11 (1.64%)
CNERGY 4.64 Increased By ▲ 0.13 (2.88%)
DCL 8.63 Decreased By ▼ -0.01 (-0.12%)
DFML 40.95 Decreased By ▼ -0.09 (-0.22%)
DGKC 85.74 Increased By ▲ 0.13 (0.15%)
FCCL 33.00 Decreased By ▼ -0.11 (-0.33%)
FFBL 66.53 Increased By ▲ 0.43 (0.65%)
FFL 11.46 Decreased By ▼ -0.09 (-0.78%)
HUBC 110.58 Decreased By ▼ -0.53 (-0.48%)
HUMNL 14.63 Decreased By ▼ -0.19 (-1.28%)
KEL 5.24 Increased By ▲ 0.07 (1.35%)
KOSM 8.11 Increased By ▲ 0.45 (5.87%)
MLCF 40.07 Decreased By ▼ -0.14 (-0.35%)
NBP 60.51 No Change ▼ 0.00 (0%)
OGDC 195.47 Increased By ▲ 1.37 (0.71%)
PAEL 27.10 Increased By ▲ 0.38 (1.42%)
PIBTL 7.64 Increased By ▲ 0.27 (3.66%)
PPL 155.82 Increased By ▲ 2.03 (1.32%)
PRL 27.37 Increased By ▲ 1.16 (4.43%)
PTC 18.56 Increased By ▲ 1.38 (8.03%)
SEARL 85.10 Decreased By ▼ -0.50 (-0.58%)
TELE 7.90 Increased By ▲ 0.33 (4.36%)
TOMCL 34.88 Increased By ▲ 0.49 (1.42%)
TPLP 9.22 Increased By ▲ 0.40 (4.54%)
TREET 16.81 Decreased By ▼ -0.01 (-0.06%)
TRG 62.86 Increased By ▲ 0.31 (0.5%)
UNITY 27.75 Increased By ▲ 0.46 (1.69%)
WTL 1.30 No Change ▼ 0.00 (0%)
BR100 10,182 Increased By 70.3 (0.69%)
BR30 31,388 Increased By 200.7 (0.64%)
KSE100 95,857 Increased By 861 (0.91%)
KSE30 29,683 Increased By 201.6 (0.68%)

ISLAMABAD: Prime Minister Shehbaz Sharif has said the government is removing all obstacles in the way of foreign investment in the country.

He was talking to Chairman of the globally renowned petroleum company Gunvor Group Torbjorn Tornqvist and Regional Vice President of Total Energies Mehmet Celepoglu, who called on him here at his office, said a statement of the PM Office.

During the meeting, the prime minister said that Pakistan’s economy is stabilising and moving towards development.

He highlighted that swift reforms are being made to increase investment and business activities in the country and emphasized the continuation of the positive outcomes of prudent economic and business policies.

“The Chairman of Gunvor Group expressed a strong interest in investing in Pakistan’s petroleum sector,” according to the statement.

The prime minister was briefed that Gunvor Group has already signed an agreement to acquire 50 percent of Total Parco’s shares in Pakistan.

The prime minister instructed the relevant authorities to provide every possible facility to Gunvor Group for its investment in Pakistan.

Copyright Business Recorder, 2024

Comments

Comments are closed.

Zia Ullah Khan Sep 17, 2024 10:30am
Says the man who is the biggest barrier himself
thumb_up Recommended (0)
KU Sep 17, 2024 10:49am
And please release the local Pakistani investors from clutches of public sector and remove obstacles from their path as well.
thumb_up Recommended (0)
Tariq Qurashi Sep 17, 2024 12:15pm
It is not just the barriers to foreign investment that need to be removed, but also the barriers to local investment. It would be interesting to know what obstacles are in the process of being removed
thumb_up Recommended (0)
Majid Sep 17, 2024 01:54pm
Instead of making policies and laws that benefit for setting up local industries so that the domestic investors can invest easily instead of real estate. Fix the basics first before FX
thumb_up Recommended (0)
zh Sep 17, 2024 07:40pm
How many times Shehbaz will remove all barriers?
thumb_up Recommended (0)
Arsalan Sep 18, 2024 07:12am
Give a chance to local investors on a preferred basis. They can also accept their returns in Rupees even. But our whole focus is on dollars and then we end up paying back in dollars. remember IPP's!!!
thumb_up Recommended (0)
Arsalan Sep 18, 2024 07:13am
PDM 2.0 is also a Barrier
thumb_up Recommended (0)
MZI Sep 18, 2024 12:56pm
Courts will not allow fixing the biggest barrier: PTI's politics of disruption, instability, chaos, & destruction.
thumb_up Recommended (0)