Govt working to revolutionize industry to uplift country: President

News Image

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

0:00

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 161,281.77
321.60M
-0.93%
-1521.39
ALLSHR 97,970.36
897.81M
-0.89%
-882.05
KSE30 48,994.96
132.16M
-1.02%
-502.39
KMI30 231,448.14
91.20M
-1.31%
-3070.88
KMIALLSHR 63,889.05
388.38M
-0.96%
-621.10
BKTi 45,037.73
48.43M
-1.45%
-662.00
OGTi 31,025.58
8.22M
-1.53%
-480.71
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 104,125.00 107,770.00
103,920.00
-2945.00
-2.75%
BRENT CRUDE 64.29 64.80
63.82
-0.60
-0.92%
RICHARDS BAY COAL MONTHLY 86.50 86.80
86.50
0.80
0.93%
ROTTERDAM COAL MONTHLY 97.10 97.45
97.10
0.85
0.88%
USD RBD PALM OLEIN 1,082.50 1,082.50
1,082.50
0.00
0.00%
CRUDE OIL - WTI 60.42 61.03
59.94
-0.63
-1.03%
SUGAR #11 WORLD 14.32 14.72
14.28
-0.33
-2.25%

Chart of the Day


Latest News
November 04, 2025 at 06:16 PM GMT+05:00

Trade deficit narrows over 4% in October


November 04, 2025 at 04:22 PM GMT+05:00

PKR inches up by 2.89 paisa against USD


November 04, 2025 at 04:13 PM GMT+05:00

Interloop set to hit Rs108/Share



Top 5 things to watch in this week

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