Favourable environment being created to promote local investment: Tasneem - News Summed Up

Favourable environment being created to promote local investment: Tasneem


Share:LAHORE - Special Assistant to Prime Minister (SAPM) on Industries and Production Tas­neem Ahmed Qureshi said on Monday that the government was creating a favourable business and industrial environment in the country to restore confidence of local industrialists, traders and investors. He chaired a meeting at the Small and Medium Enterprises Development Au­thority (SMEDA) head office, and was briefed by SAMEDA Chief Executive Offi­cer Hashim Raza about authority’s work­ing, achievements and targets. He said politi­cal stability was a prerequisite to eco­nomic development, asserting that in today’s world, only those nations were truly free which had stabilised their respective economies and developed themselves on strong footing. He hoped that viable eco­nomic and business policies of the gov­ernment would help restore confidence of the local businessmen and industri­alists, and they would start diverting their investment from real estate to in­dustry and manufacturing sector. SMEDA CEO Hashim Raza gave a detailed presentation to the SAPM about the au­thority’s services, projects, working, achievement and targets.


Source: The Nation November 29, 2022 05:45 UTC



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