Kashmala urges foreign investors to make investment in Pakistan

BEIJING:MNA Kashmala Tariq who is representing Pakistan at the 2008 Summer Davos of the World Economic Forum (WEF) being held in Tianjin urged foreign investors to play their due role in making investments in Pakistan to address the socio-economic problems of the people. “I have held very fruitful meetings with CEOs of a number of key business tycoons including one dealing with solar energy and another business magnate from Holland that is keen to make investment in dairy and mobile banking in Pakistan, Kashmala Tariq told official news agency in an interview on Sunday. She pointed out that while addressing a number of plannery sessions of the WEF and holding meetings with Chief Executive Officers and business tycoons of multi-national companies from around the world who were attending the Forum, she emphasized them to make investment in Pakistan as there are number of international companies who were already doing roaring business in her country. Speaking on war on terror in which Pakistan is the front line state, she said her country is committed and will continue to play its important role to eliminate extremism and terrorism from all farm of its manifestations. Kashmala Tariq said that by setting up joint ventures with Pakistani counterparts, the international investors would also contribute greatly to eliminate the extremism and terrorism as nemployment, deprivation and lack of basic amenities are some of the reasons behind this menace.
Referring to law and order situation, she said that there are still a number of international companies doing excellent business and if any businessmen intend to make investment in joint ventures with Pakistani business they would be able to earn huge profit. “The government will give guarantee for their investments and facilitate them in all aspects”, she added. MNA Kashmala suggested to the internationally acclaimed companies that for the women empowerment, it is necessary that they should come forward and allocate a quota of 30 or 50 percent for women in employment to help address their socio-economic challenges being faced by them. To address the challenges of poverty and deprivation is possible only through economic empowerment of women in the world, she observed. She informed that at the WEF the presence of women was 14 per cent and demanded to provide them maximum participation. Meanwhile, the Chinese Premier Wen Jiabao who inaugurated the 2-day WEF on Saturday said that his country has full confidence and capability to overcome various difficulties to ensure sound and fast economic growth. Wen said China is in the stage of rapid industrialization and urbanization, and has huge potential for economic growth. The important period of strategic opportunities for China’s development will last quite a long time. an even longer period of time, said Premier Wen Jiabao.