Karachi – Azfar Ahsan, the Former Chairman of the Board of Investment, has said that the continuity of the policy in the country is very important, if the policies remain stable, an investment of 10 to 25 million dollars is possible. He was expressing these views on the occasion of a visit to the Korangi Association of Trade and Industry (KATI). Senior Vice President NighatAwan, KITE Limited CEO ZubairChhaya, Former Presidents Rashid Siddiqui, Ehtshamuddin, FarrukhMazhar, Maheen Salman, Talha Ali and others were also present.
Azfar Ahsan further said that there is a lot of talk about the charter of the economy at the moment, but in reality, there is a need for a Charter of Business, because business is not safe in the current situation. He said that incompetence and lack of consultation are more responsible for the economic crisis than corruption. For the betterment of the country, institutions need to be run in the style of private or multinational companies. Pakistan has no dearth of talent and the country is endowed with immense potential.
Earlier, KITE Limited CEO ZubairChhaya said that due to the economic crisis, foreign investors are not doing business in Pakistan, but local investors are also thinking of investing abroad because of the harsh conditions. A 5-year stable policy is very important. He said that we have to make full use of our capabilities to provide a better environment to overcome the ongoing economic crisis. KATI Senior Vice President NighatAwan said that KATI continues to present its proposals to the government, if the government provides a better environment to stakeholders, especially small and medium industries, the trade will be boosted and unemployment will decrease.
