Government to set up business facilitation centers for CPEC

Provincial government of Khyber Pakhtunkhwa (KP) is committed to accelerate the execution of CPEC. It has decided to set up help desks and facilitation centers for business community to benefit from CPEC. Meanwhile, incentives and facilities for investors in the Gwadar Free Trade Zone and the Special Economic Zones (SEZs) of Hub and Bostan were highlighted during an online seminar organized by Pakistan Consulate in Jeddah.

ABBOTTABAD: Industries secretary Javed Marwat has said the provincial government has prioritised the establishment of business facilitation centres at divisional level.

He told a meeting of the business community here that the China-Pakistan Economic Corridor offered both development opportunities and challenges for the government and entrepreneurs.

The secretary said the government was setting up help desks and facilitation centres for business community to benefit from CPEC.

KPBOIT chairman Ehsan Daud, who was also present in the meeting, said industrialists should use the latest ways and means to establish units.

He said the government was trying to remove business hurdles and a task force had already been working for the purpose.

Mr Daud said the government had abolished a large number of taxes in the current budget, while the duplication of taxes was also reduced.

Former FPCCI vice-president Haji Iftikhar Ahmad demanded of the State Bank of Pakistan to open a branch in Abbottabad.

August 12, 2020: The Pakistan Consulate in Jeddah on Tuesday organised an online ‘Pakistan Investment Seminar’ to highlight investment opportunities.

Consul General Khalid Majeed chaired the event which was also attended by Sindh Board of Investment officials and members of the business.

The seminar highlighted various sectors for investment in Pakistan.

Balochistan Investment Board Chairman Farman Zarkoon briefed the participants on the investments and job opportunities the province offered.

Companies from all over the world, including Saudi Arabia can make profitable investments here, he said.

In addition, the numerous incentives and facilities for investors in the Gwadar Free Trade Zone and the Special Economic Zones of Hub and Bostan were also highlighted by Zarkoon.