PM says Pakistan strategically placed to be Asia’s principal trade corridor

Author: Web Desk

ISLAMABAD:Prime Minister Nawaz Sharif said Pakistan’s strategic location gives it the potential to become Asia’s premier trade, energy and transport corridor on Wednesday.

He was talking to Netherlands Royal Friesland Campina Chief Executive Officer (CEO) Roelof Joosten, in Islamabad.

The premier said that the government is extensively working on various infrastructure, energy and communication projects to facilitate trade and investment in diverse sectors.

Nawaz noted that the government recently extended the subsidy on fertilisers to facilitate farmers and propagated laws for Special Economic Zones to attract Foreign Direct Investment.

Joosten said Pakistan offers the Netherlands the opportunity to invest in the region.

The CEO further remarkedthat Pakistan was becoming an investment destination due to the improved security environment, rapidly expanding quality infrastructure and marked reduction in energy shortages.

He said that his country was planning to bring in an additional 100 million dollars investment to Pakistan in the next couple of years.

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