Have broken begging bowl, UAE announced US$10 billion investment: PM
ISLAMABAD (92 News) - Prime Minister Shehbaz Sharif on Saturday said that they had broken the begging bowl, while the United Arab Emirates has announced the investment worth US$10 billion.
Addressing a meeting of the Special Investment Facilitation Council (SIFC) Apex Committee, he said that any hurdle in the foreign investment would not be tolerated. “The SIFC is playing a key role in the prosperity of the country. Friendly countries have also commended the steps taken by the SIFC whose success has gagged the critics,” he added.
The prime minister said that they are taking the provincial governments along with them in the SIFC.
All the chief ministers, including KP Chief Minister Ali Amin Gandapur, and high-ranking military officers also attended the meeting. The chief ministers expressed their satisfaction over steps taken for the promotion of investment under the SIFC.
APP adds: PM Shehbaz Sharif said that urged the provincial governments to further support the SIFC and move ahead in unison like a family to compensate for the losses of the past and overcome issues of poverty and hunger in the country.
He said that the federal government did not get enough for initiating development projects after distribution of resources among the provinces; therefore, under such conditions all the governments should move together with unity.
The prime minister also cited his meeting with a German delegation that was also aware of the functioning of the SIFC. The prime minister stressed that they should resolve today to achieve their targets as sky was the limit and would work day and night to transform Pakistan into something upon which the Pakistanis could feel pride, adding it was possible with the untiring efforts and by shedding sweat and blood.
The prime minister also underlined the need of capacity building and enhancing professionalism of experts in different fields. He said that he had already instructed the ministries clearly to hire consultants and experts and would soon seek their feedback.
He said that the digitization process of the Federal Bureau of Revenue had already commenced. He urged all the stakeholders to redouble their efforts and promote the local talent and industry, adding that 60 per cent population of the country comprised youth bulge, who should be trained in IT field while the natural resources worth billions of rupees lying untapped be fully utilized. The prime minister also credited SIFC for paving way for the Reko Diq project in Balochistan province.
