Pakistan: Chinese investors to get special visa treatment

Gwadar Pro

Islamabad: Pakistani government has decided to give special visa facility to investors from China.

The Executive Committee of the SIFC formally approved the business and investment-friendly SIFC Visa Facility, which is an important milestone in creating a conducive atmosphere for foreign investors.

A meeting of the Executive Committee of the Special Investment Facilitation Council was held in Islamabad with Caretaker Minister for Planning and Development Muhammad Sami Saeed in the chair.

The minister later told Gwadar Pro that Pakistan will give special treatment to the investors from China.

“China has invested so much in Pakistan. We aim to facilitate them as much as possible. We will also facilitate investors from other parts of the world,” he added.

Saeed said Chinese investors had expressed keen interest to invest in pain the recent meetings.

“We expect more investments from China in the coming months,” he maintained.

The Executive Committee of the Special Investment Facilitation Council lauded the overall progress in diverse fields and the level of economic ties with friendly countries, especially the signing of Memorandums of Understanding and agreements with the United Arab Emirates and Kuwait.

During the meeting, the concerned ministries presented reports related to progress on various projects and recommended various measures to further make the business and investment environment conducive.

The Committee reviewed the administrative issues related to the establishment of various economic zones and deliberated on various measures to improve the system of industrial development at the national level.

The Committee also took up the ongoing process of privatization of State Owned Enterprises and directed the relevant stakeholders to accelerate the process as per the stipulated time frame.