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Pakistan targets seven countries for FDI

ISLAMABAD (XINHUA) – Pakistani Minister for Information and Broadcasting Attaullah Tarar said on Monday that the government established seven desks under the Special Investment Facilitation Council (SIFC) to attract foreign investment.

Talking to the media in Islamabad, the minister said that desks will be dedicated to each of the seven specific countries, including China as well as Arab and Western countries, to attract foreign direct investment to Pakistan.

He said that Chinese investment is being sought under the project of the China-Pakistan Economic Corridor and the government has high hopes for its new phase. Tarar added that an Arab country also assured Pakistan of investment, which is vital to uplift the country’s economy.

File photo shows technicians installing solar panels on a house in Karachi, Pakistan. PHOTO: AFP
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