Daily Times

ISLAMABAD: Punjab Governor Malik Muhammad Rafique Rajwana has said that bringing China Pakistan Economic Corridor (CPEC) to Pakistan was a major achievement of the current government as China came for investment in Pakistan on soft terms in CPEC at a difficult time.

However, he said that the government of Pakistan should address genuine concerns of local private sectors on CPEC so that projects could contribute in promoting local industry as well.

The Punjab governor while addressing the business community at Islamabad Chamber of Commerce & Industry (ICCI) during his visit to Chamber House on Friday said that he had discussed the concerns of business community on CPEC with the Chinese ambassador and added that China was interested in JVs and investment in Pakistan in textile, steel and agriculture sector.

Rajwana said that the business community was the backbone of the economy and government should address its key issues to facilitate the growth of business activities. About the Industrial Zone in Islamabad, he advised ICCI to send written proposal to the prime minister and the Punjab chief minister with a copy to him and he would play the role for the establishment of a new industrial zone for the business communities of twin cities.

He said businessmen were making useful contributions to tax revenues and stressed that FBR should take measures to reduce trust deficit with taxpayers. He also added that the ease of doing business should be further improved to promote economic activities in the country.

Published in Daily Times, February  10^th 2018.