Islamabad (Web Desk): Prime Minister Shehbaz on Monday directed to remove all obstacles in the way of foreign investment in the country.
Chairing a high level meeting in Islamabad, the premier constituted a committee to address the problems faced by foreign companies especially those investing in Gwadar Free Zone.
The committee will present its report and recommendations to the prime minister within ten days.
PM Shehbaz said that the Chinese investment companies should be facilitated on priority basis.
He directed to remove all the hurdles in acquisition of visa by the Chinese workers.
The prime minister said that the visa procedure should be made simple and fast tracked.
PM Shehbaz was given a detailed briefing about the companies interested to invest $10 billion in energy, infrastructure, railway, port infrastructure and other projects.
The meeting was informed that in the first phase, an immediate investment of $1 to $2 billion investment is expected.
These projects will not provide forty five thousand jobs but will also improve Pakistan's Ease of Doing Business Index.
PM Shehbaz directed the Investment Board and the Ministries of Planning and Finance to collectively frame a comprehensive plan regarding these projects.