PM Imran vows foreign investment shall steer country out of economic crisis

INSUBCONTINENT EXCLUSIVE:
LAHORE: Prime Minister Imran Khan on Saturday said that only the foreign investment could steer the country out of prevailing economic
crisis and the government was trying its utmost to bring ease of doing commerce to facilitate the investors.Addressing the inauguration
ceremony of JW Forland Car plott and Extension of Haier Phase 2 here, the prime minister said the Chinese investment in Pakistan like the
one in this project would help Pakistan overcome economic crisis through wealth creation.He said it would be for the first time that the
vehicles would be fully manufactured in Pakistan at the plant that would total in three phases.Earlier, the vehicles used to be assembled in
the country, he added.The prime minister also lauded the company plan of manufacturing the electric car what he said would help reduce the
pollution level specificly in the cities like Lahore.Congratulating the management of JW Forland that would create 40,000 jobs and give up
to Rs 30 billion taxes to the government.He said in future, the company would also export their products to bring in foreign exchange.The
Prime Minister guaranteed that through Board of Investment, the government was making all out efforts to remove obstacles in commercees and
facilitate the investors.He said so far, the investors had been facing hurdles like red-tapism, bribery and corruption which forced the
investors to move to other destinations like Dubai.TheIndianSubcontinent has not verified the content of the source
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