Prime Minister Imran Khan lauded the strategic and bilateral partnership between Pakistan and China and directed the relevant authorities to introduce a new visa category for foreign investors. He said this while presiding a meeting on the China-Pakistan Economic Corridor (CPEC) projects on Sunday.
“In order to transform these relations into strong economic ties, it is necessary to promote investment in areas of mutual interest and provide all possible incentives to investors,” he said.
The premier said that CPEC is not only a harbinger of economic growth for Pakistan but also a path to development for the entire region.
In the meeting, different investment projects under the CPEC were thoroughly discussed. Furthermore, the facilities provided to the Chinese investors and the issues faced also came under discussion.
PM Imran ordered the relevant authorities to take immediate steps to remove any hurdles in the issuance of long-term visas to Chinese people. He has asked for introducing a seperate visa category for people who are associated with CPEC projects.
The premier said that all possible incentives should be provided to investors and directed the interior ministry to submit a summary to the federal cabinet in this regard.
PM Imran also directed the Board of Investment (BOI) to formulate and present a detailed plan, with the consultation of the business community, for the promotion of foreign investment in specific sectors.