ISLAMABAD: Pakistan’s President, Dr Arif Alvi, said on Tuesday that the country offered huge opportunities to foreign investors and urged them to explore the country’s diverse sectors, especially information technology.
Talking to a visiting delegation of Oxford Alumni, the president said that foreign investors and companies could benefit from the improved business climate in Pakistan. The delegation, led by Haseeb Ahmad, comprised Oxford graduates from different business and geographical backgrounds.
President Alvi said that Pakistan was focused on improving its economy and was making efforts to increase exports and explore new markets for its products.
He said that Pakistan offered an investment-friendly climate and had improved its ease of doing business ranking in recent years.
The president informed the delegation that Pakistan had established the Special Investment Facilitation Council (SIFC) to facilitate and encourage foreign investment in the country and provide a one-window facility to investors.
He said that foreign investors should invest in Pakistan’s Special Economic Zones and Special Technology Zones and benefit from tax incentives offered by the government.
Pakistan’s Trained Human Resources
Underlining Pakistan’s trained human resources, President Alvi said that 3.5 million training sessions had been conducted since 2018 under the Prime Minister’s Digital Skills Training Programme’ DigiSkills’ in the sector of IT to equip youth and women with the latest IT skills.
He said that Pakistan was focused on increasing the number of quality and skilled graduates, especially in IT, besides increasing the quantum of online education.