Prime Minister Shehbaz Sharif has directed that all necessary facilities be ensured for domestic and foreign investors in order to increase exports.
According to details surfaced on Tuesday, PM Shehbaz has chaired a review meeting on the promotion of investment. The prime minister stated that the promotion of investment remains the government’s foremost priority for economic growth.
He has directed that regulatory compliance for investment should be made simpler and less costly.
The prime minister has said that coordination between the government and investors should be strengthened.
He has instructed that the system for access to licensing and other services should be digitised at a faster pace.
The premier has added that the establishment of the Special Investment Facilitation Council has enhanced investor confidence in the country.
The meeting was briefed on government measures aimed at increasing investment.
According to the briefing, the share of Special Economic Zones (SEZs) in exports stood at 3.7 per cent from July to March of the current financial year.
A target has been set to raise the share of Special Economic Zones in exports to 8 per cent by 2028.
