Islamabad: The secretary of the Board of Investment Mrs Fareena Mazhar, on Thursday, briefed the Prime Minister (PM) on the measures that were taken by the government to eliminate hurdles in the way of investment and trade, according to media sources. The special steps taken include streamlining the process to obtaining no-objection certificates (NOCs), relief in the tax collection system, amendments in law and changes in old procedures.
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Prime Minister (PM) Imran Khan presided over a review meeting attended by PM’s Special Assistant Shehbaz Gill, Chairman of the National Electric Power Regulatory Authority (Nepra), National Security Adviser Moeed Yusuf, and senior officers, as well as the chief secretaries of four provinces via video link.
The PM ordered measures to facilitate investors in doing business as the country is heading towards economic stability. He further said that more investment is required for maintaining this upward growth trajectory. He also emphasized the fact that investment is crucial for economic growth and development.
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According to reports, the PM informed the delegation of Coca-Cola Icecek in a separate meeting that the country provides various investment opportunities for multinational companies. The general manager of Coca-Cola Icecek Pakistan informed the premier of their intentions of building a new beverage facility in Khyber Pakhtunkhwa (KP), creating numerous job opportunities and investment for affiliated sectors.