Govt creating investment friendly environment for investors: Razak Dawood

News Image

MG News | December 23, 2019 at 01:58 PM GMT+05:00

0:00

December 23, 2019: Adviser to Prime Minister on Commerce, Industry and Investment Abdul Razak Dawood says the incumbent government is creating an investment-friendly environment for both foreign and local investors.

Talking to APP in Islamabad, he said Pakistan offers attractive investment opportunities and substantial returns in various sectors of the economy.

The Advisor said the government is playing a significant role in facilitating entrepreneur and ease of doing business and there is an enabling environment of investment in various sectors, including Information Technology, financial services, engineering, goods and textiles.

He said in consonance with the international best practices in car manufacturing, the federal cabinet has recently approved an electric vehicle policy which is also a step towards achieving sustainable development.

Abdul Razak Dawood said Malaysian big automobile player ‘Proton” of ALHAJ Automotive has agreed to start manufacturing in Pakistan.

He hoped that the shift of automobile manufacturing unit of ‘Proton’ cars from Malaysia to Pakistan would give impetus to the local auto sector.

Radio Pakistan

Related News

Name Price/Vol %Chg/NChg
KSE100 151,124.71
135.50M
-0.58%
-886.55
ALLSHR 90,533.82
237.09M
-0.44%
-400.14
KSE30 45,732.99
45.38M
-0.53%
-242.87
KMI30 219,433.41
102.34M
-0.39%
-857.16
KMIALLSHR 59,248.09
157.78M
-0.34%
-201.08
BKTi 41,794.65
13.47M
-0.71%
-298.64
OGTi 31,802.02
6.78M
0.89%
280.99
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 66,840.00 67,330.00
66,480.00
-340.00
-0.51%
BRENT CRUDE 109.24 109.74
99.08
8.08
7.99%
RICHARDS BAY COAL MONTHLY 112.50 0.00
0.00
6.40
6.03%
ROTTERDAM COAL MONTHLY 113.00 114.50
113.00
-0.40
-0.35%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 112.06 113.97
97.50
11.94
11.93%
SUGAR #11 WORLD 14.96 15.50
14.91
-0.33
-2.16%

Chart of the Day


Latest News
April 03, 2026 at 11:26 AM GMT+05:00

Chinese AI expansion accelerates worldwide adoption


April 03, 2026 at 11:12 AM GMT+05:00

Govt eyes expanded IFAD support for agriculture


April 03, 2026 at 10:44 AM GMT+05:00

Banks pump Rs235bn into power sector


April 03, 2026 at 10:38 AM GMT+05:00

NBP issues foreign exchange rates



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg