Pakistan ideal place for foreign investment: National Assembly speaker

06 Nov, 2006

National Assembly Speaker, Chaudhry Amir Hussain has said that economic activities are picking pace in all sectors of the economy as Pakistan has become ideal country for the foreign investment.
Talking to exporters and traders here on Sunday, he said the government was making strenuous efforts for providing solid base to the industrial sector through extending various incentives and concessions to the business sector.
He said under the present global scenario the exporters and manufacturers should concentrate on diversifying the export and introduce new products for fetching maximum foreign exchange for the country.
He said the concept of this programme was to expand strong industrial base and create wide employment opportunities for the skilled and educated persons.
The Speaker further said that in order to produce technical and trained hands the government had already taken numerous measures. Under the strategy vocational education institutions were being established at district and tehsil headquarters shortly for imparting technical education to the male and female students.
He said the step would not only help scaling down the unemployment graph but also supportive for the industrial sector of the country.
He stressed upon the businessmen to establish industrial units in ignored areas for generating the employment opportunities for the rural population and discouraging the rural migration towards cities.
He called upon the business community to play a pivotal role in the development of far-flung areas through the establishment of cottage and small sized industries.

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