ID :
10331
Thu, 06/19/2008 - 12:23
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http://m.oananews.org//node/10331
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Strong economic fundamentals create enabling environment for private sector
Rawalpindi, June 19 (PPI) - President Pervez Musharraf says strong economic fundamentals of country have created enabling environment for private sector to become engine of growth and as a result of this and due to its liberal, investment friendly policies Pakistan become one of attractive destinations for investment.
He was talking to Jean Jacques Gauthier, Head Corporate Finance & member of Central Executive Committee of M/S Lafarge, world's largest cement and building materials company based in France here Wednesday.
Gauthier said since Pakistan was investment friendly country they were investing due to economic buildup in the country in last seven years. Lafarge group set up cement factories and purchased a sick unit and transformed it in profit earning entity.
President said Pakistan owing its geo-strategic location was hub between Middle East, Iran, Afghanistan, Central & South Asia. Industrial and manufacturing units would have outstanding opportunities to benefit from Pakistan's requirements and also supply their products throughout Pakistan and in the region.
He was talking to Jean Jacques Gauthier, Head Corporate Finance & member of Central Executive Committee of M/S Lafarge, world's largest cement and building materials company based in France here Wednesday.
Gauthier said since Pakistan was investment friendly country they were investing due to economic buildup in the country in last seven years. Lafarge group set up cement factories and purchased a sick unit and transformed it in profit earning entity.
President said Pakistan owing its geo-strategic location was hub between Middle East, Iran, Afghanistan, Central & South Asia. Industrial and manufacturing units would have outstanding opportunities to benefit from Pakistan's requirements and also supply their products throughout Pakistan and in the region.
