Incentives make Pakistan attractive for investment: Zardari

ISLAMABAD : President Asif Ali Zardari said on Wednesday that incentives offered by the government such as legal protection of investments, permission of 100% foreign equity, equal treatment to foreign as well as domestic investments make Pakistan an attractive place for investment.  He was talking to Andr¢nico Luksic Craig, Vice Chairman of Banco de Chile, who called on him at Aiwan-e-Sadr. Saleem H. Mandviwalla, Minister of State / Chairman Board of Investment was also present during the meeting.
The President, during the meeting, appreciated his interest in exploring possibilities of investment in Pakistan saying that Pakistan’s banking industry had a tremendous potential for further investment in financial sector.He urged Chilean investors to take advantage of the attractive investment opportunities offered by the government of Pakistan. The President said that the government would provide all possible help and support to facilitate their smooth operations in Pakistan.
He said that Pakistan had achieved macroeconomic stability over the past two years which resulted in the economic recovery.He said that a large market of over 170 million people and strategic location of the country being at crossroads of South Asia Central Asia and West Asia offered great opportunities for investment.Andr¢nico Luksic Craig thanked the President for the meeting and expressed his keen interest in exploring the possibilities of investment and operations in Pakistan – App