Monday, 20 May 2024, 10:50:39 pm

Govt taking steps to increase investment in country: PM
May 10, 2024

Foreign investment continues to increase in Pakistan due to business and investor-friendly policies of the government under the leadership of Prime Minister Muhammad Shehbaz Sharif.

During a meeting with Prime Minister Shehbaz Sharif in Lahore on Friday, Chairman Service Long March Tyres Jin Yongsheng informed that his company is going to invest additional 300 billion rupees in Pakistan.

He further apprised that after the investment, the company will be able to export tyres worth 100 million dollars from Pakistan in 2025 and this investment will create around 1000 employment opportunities in Pakistan.

The Chairman Service Long March Tyres Group appreciated the investment and business friendly policies of the government under the leadership of Prime Minister Muhammad Shehbaz Sharif.

He thanked the Prime Minister for the government's measures to tackle tyre smuggling.

The Prime Minister welcomed the initiative of Service Long March Tyres to expand its operations in Pakistan.

He said the government is taking steps on priority basis to increase investment in the country.

The Prime Minister said a plan is being prepared to provide more facilities to the business community and investors in Pakistan.