CPEC SEZs offer massive opportunities to local, foreign investors: President Arif Alvi

Islamabad: President Dr Arif Alvi has said that China-Pakistan Economic Corridor (CPEC)’s Special Economic Zones (SEZs) offered massive opportunities to the local and foreign investors.

President Alvi maintained that steps were being taken to provide a congenial business environment so as to attract foreign investment in the country.

Speaking to a delegation of the Quetta Chamber of Commerce and Industry (QCCI), led by President QCCI, Fida Hussain Dashti, here at his office, the President highlighted that that reforms initiated by the Government to improve the ease of doing business had delivered results and Pakistan’s rank in international rankings had improved from 136th position to 108th position.

The President stressed that the success of CPEC SEZs would push the country’s economy upwards and offer massive job opportunities.

President Alvi told the delegation that the government was focusing on facilitating and strengthening the business and the industrial sectors and in this regard, had provided maximum relief to the trader community and other vulnerable segments of society during the COVID-19 pandemic.

He pointed out that the government had allocated Rs 100 billion under the Kamyab Jawan (successful youth) Program in order to promote entrepreneurship and Small and Medium Enterprises (SMEs) in the country and provide business loans to youth on easy terms and conditions.

The delegation informed the President about the contributions of the Quetta’s business community in the national economy, besides apprising him about the issues being faced by them. The President assured the delegation to help address their problems.