PM Khan vows to bring in foreign investment

Prime Minister Imran Khan on Thursday stressed that ease of doing business in Pakistan was essential to eliminating unemployment and poverty from the country.

Addressing a ceremony to mark the first joint venture between China and the private sector, Prime Minister Khan said Pakistan has a young population who are in search for jobs. “With investment, unemployment will come down. Our government’s policy is simple. To remove hurdles for investors and businesses.”

Speaking on his upcoming visit to China, the prime minister said his focus would be on the transfer of technology and growing the investment and trade relationship with Beijing though CPEC.

The prime minister added that the government’s initiative to build 5 million homes for low-income groups will also be a focus of discussions, adding he was hoping to secure investment for this in China.

“We are looking forward to going to China next week and hope to strengthen our trade, business ties. We look forward to CPEC becoming a base to build our future relationship.”

Prime Minister Imran Khan will pay an official visit to China from November 2 to 5 and is expected to hold meetings with President Xi Jinping and Premier Li Keqiang.