Feb 25: Member House of Common United Kingdom Faisal Rasheed said on Monday that British investors were keen to set up energy and logistics related projects in Pakistan as environment had improved considerably.
Addressing at the Faisalabad Chamber of Commerce and Industry (FCCI), he said that making investment in Pakistan would not only generate revenue for them but also provide job opportunities to youth.
He said the government of Pakistan was striving hard to attract the maximum Foreign Direct Investment (FDI) despite daunting internal challenges.
He disclosed that he had constituted a China Pakistan Economic Corridor (CPEC) group in UK Parliament to create awareness about the opportunities being created after the completion of this mega infrastructure project of 'One Belt One Road (OBOR)'.
He said that he had already had a meeting with Chinese Ambassadors to formally launch the group in September this year.
He said that being Chairman of the International Trade Committee of UK Parliament, he would give due importance to Faisalabad in his trade strategy.
Earlier, Syed Zia Alumdar Hussain President FCCI briefly explained his vision of triple 'E' and said that efforts are being made to promote export, education and economy during this year.
He said that expatriate Pakistanis should play their role in strengthening national economy by investing in high-tech projects in addition to enhancing remittances.
He said the government had already resolved most of the ticklish problems and business community was optimistic that refund claims of Rs 350 billion would be cleared very soon through negotiable promissory notes.
Later, Shahid Ahmed Sheikh and Mian Ashfaq Ahmed jointly presented FCCI shield to Faisal Rasheed Member of the UK Parliament.