CPEC to attract huge investment in Pakistan: President
President Mamnoon Hussain has said that the improved law and order situation in the country as a result of "Zarb-e-Azb" and Karachi operation and CPEC project will attract big investment which will lead to economic progress and stability in the country.
The President said this while talking to a delegation of Pak-US Business Forum led by Mr. Hafeez Khan, CEO, Tweaker Energy Drinks.
President Mamnoon Hussain said that overall law and order situation throughout the country is fast improv- ing and "Zarb-e-Azb" and Karachi operation will continue till elimination of the last terrorist and complete restoration of peace.
The President expressed his satisfaction that due to better conditions the foreign businessmen are coming to Pakistan to explore avenues for investment. He said that the higher rate of return, investor friendly laws and peace in the country will induce the foreign investors to invest their capital in Pakistan. The President said that the country is now destined to tread the path of development and prosperity and its economy will grow stronger in the future. He remarked that economy has now taken precedence over politics and the international organizations have appreciated Pakistan's economic policies and the pace of development. He further said that Pakistan's inclusion in the category of emerging markets is a testimony to the international community's faith in the policies of the government and potential of economic growth in Pakistan.
President Mamnoon Hussain termed CPEC as a flagship project of the century which will open up new avenues for investment and development and create job opportunities. He said that some of the countries of Central Asia have realized the impor- tance of CPEC and have expressed their keenness for connectivity with it.
The President underscored the need for complete eradication of corruption and embezzlement in funds for attaining a glorious future. The President stressed the importance of judicious use of public funds to spur development and provide maximum relief to the people.
Mr. Hafeez Khan, Leader of PakUS Business Forum said that the expatriate Pakistanis are very happy at the improved law and order and economic situation in the country and are keen to invest in the country by availing the opportunities created by projects under CPEC.