ISLAMABAD (HAFEEZ REPORT)
The Ambassador of Germany to Pakistan Ms. Ina Lepel has informed the Federal Finance Minister Senator Muhammad Ishaq Dar that leading German companies plan to invest in telecom and energy sectors in Pakistan.
“The Government fully encourages foreign investment which is the key component of the growth policy it was now pursuing with full vigour.” Ishaq Dar made these remarks in a meeting with the German Ambassador Ms Ina Lepel who called on him in Islamabad.
He said the government has announced a business friendly budget which offers incentives for industry. The German companies should make full use of the liberal investment regime that Pakistan offers, the Minister said.
The Envoy informed the Minister about leading German companies’ plan to invest in telecom and energy sectors in Pakistan. She added that she looked forward to the Government particularly the Finance Minister’s support for facilitating these companies.
Ms Ina Lepel thanked the Minister for the encouragement and support offered for investment by the German companies.