Govt working to revolutionize industry to uplift country: President

News Image

MG News | September 24, 2021 at 04:09 PM GMT+05:00

September 24, 2021: President Dr Arif Alvi on Friday said the government was ensuring 'ease of doing business' for attracting maximum foreign investment as revolutionizing the industrial sector was vital for the uplift of the country.

He was addressing after inaugurating 'Challange Textile Park' a project launched by the Chinese with an investment of about $150 million, at Challenge Textile here.

He said such initiatives like Challenge Textile Park would help in attracting further investment as it was needed to continuously learn for exploring new ways of bringing foreign investment.

Special economic zones were being established, he said. The world was changing and no one can economically isolate a country, he added.

The President said Pakistan China relationships were of paramount importance for bringing development and prosperity in the region. "We invite Chinese to come here, invest and spread a message across the world about available business opportunities in Pakistan", Alvi maintained.

He said it was needed to focus on fast and prompt communication to resolve the issues of businessmen and Prime Minister Imran Khan led government was working effectively to build more and more special economic zones for creating new employment opportunities and promote industrial sector.

Pakistan as a brand, he said was emerging strongly and the government had achieved significant success in the macro finance sector, agriculture sector and overcoming Covid 19 pandemic.

The President said that the world may not be completely free of Covid 19 virus due to its changing variants but efforts could be made to produce enough vaccines for developing immunity among people against virus.

Punjab Minister for Industries and Commerce Mian Aslam Iqbal, prominent businessman Qamar Khan Bobi, Chinese Consul General and a large number of business representatives from China were also present.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 179,571.27
436.67M
1.06%
1878.35
ALLSHR 108,600.94
844.23M
1.00%
1073.54
KSE30 53,548.42
162.02M
0.99%
525.53
KMI30 256,725.70
154.74M
0.76%
1936.43
KMIALLSHR 70,620.69
563.61M
0.98%
683.55
BKTi 48,625.03
36.31M
1.37%
658.39
OGTi 37,179.52
8.29M
0.94%
345.85
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 60,250.00 60,315.00
59,710.00
1060.00
1.79%
BRENT CRUDE 74.84 75.84
72.06
1.10
1.49%
RICHARDS BAY COAL MONTHLY 115.00 0.00
0.00
0.75
0.66%
ROTTERDAM COAL MONTHLY 126.25 126.25
126.25
0.35
0.28%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 71.48 71.61
71.39
-0.44
-0.61%
SUGAR #11 WORLD 14.12 14.18
13.86
0.10
0.71%

Chart of the Day


Latest News
June 25, 2026 at 08:52 PM GMT+05:00

Banks extend hours for tax payments until June 30


June 25, 2026 at 08:40 PM GMT+05:00

SBP declares July 1 a Bank Holiday


June 25, 2026 at 08:29 PM GMT+05:00

Gold hovers around $4,000, silver below $60


June 25, 2026 at 06:07 PM GMT+05:00

Barclays raises Pakistan dollar bonds to overweight



Top 5 things to watch in this week

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