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PM welcomes OICCI report on enhanced investor confidence in Pakistan

by Sub News
December 12, 2024
PM welcomes OICCI report on enhanced investor confidence in Pakistan
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Islamabad, December 12, 2024: Prime Minister Shehbaz Sharif has lauded Overseas Investors Chambers of Commerce and Industry (OICCI) recent report, which highlights a marked improvement in foreign investors’ confidence in Pakistan’s economic landscape.

In a statement issued by the PM Office, the prime minister expressed satisfaction with the report’s findings, noting that investor confidence had shifted from a negative 10% to a positive 31%. He described this transformation as a highly encouraging indicator of Pakistan’s growing appeal as a business-friendly destination.

The report also underscored significant growth in key sectors. Employment opportunities have risen, the manufacturing sector’s growth increased from 2% to 6%, and the services sector surged from 7% to 30%. Additionally, sales of cement, automobiles, fertilizers, and petroleum products witnessed notable gains.

“These outcomes send a strong message to international investors that Pakistan is a reliable and promising destination for investment,” the prime minister remarked.

He further emphasized that the country had recorded substantial growth in exports and remittances in recent months, reflecting the positive impact of the government’s economic reforms.

The prime minister reiterated his commitment to prioritizing relief for the people, stating that the benefits of improved economic policies and the dedicated efforts of the government’s economic team were now materializing.

Tags: IslamabadOICCIOverseas Investors Chambers of Commerce and IndustryPakistanPrime Minisetr of PakistanShehbaz Sharif
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