Govt strives for ‘rule of law’ to attract foreign investment, tourism: Imran Khan

While addressing the groundbreaking ceremony of a five star hotel, the Premier said, “We are fighting a battle to reform system and establish rule of law. No country can prosper sans rule of law. Many countries with sufficient resources are suffering poverty just for absence of rule of law”.

The ceremony was attended by Federal Ministers Shibli Faraz, Azam Swati, Ali Haider Zaidi, State Minister Farrukh Habib, Chairman Parliamentary Committee on Kashmir Shahryar Afridi and other provincial ministers.

Earlier. Imran Khan unveiled the plaque and also planted a sapling under his government’s 10 Billion Tree Tsunami and stated that the opposition leaders criticized the government as they did not want the establishment of rule of law.

“They take advantage of the corrupt system which does not let the foreign investment come to the country,” added Khan.

The Premier further added that the country was moving ahead with record sale of cars and growth of large scale manufacturing this year.

“Nine million overseas Pakistanis had income equaling 220 million population of the country but unfortunately their potential was never tapped. The previous governments only thought of their own benefits and survival instead of public welfare”, he stressed.

He said the wealth creation was country’s dire need which would ultimately generate jobs, enhance tax collection and lead to the repayment of foreign debts.

“To attract investment from overseas Pakistanis, it was essential to introduce incentives and ensure protection as they had earlier lost trust due to corrupt practices in Pakistan,” he stated adding that Pakistan’s exports would reach $30 billion this year, while Singapore had touched $300 billion mark and Malaysia $200 billion.

Khan said that efforts should be made to attract investment from overseas Pakistanis unless country’s exports reached to the desired level.

While expressing hope, Imran said that construction of multinational hotel in Nathia Gali would attract more investment and promote high end tourism and skiing.

“The construction of hotels would follow the development of resorts and skiing facilities. He said Pakistan had also great potential for skiing owing to prolonged snowy conditions,” Khan said.

He said the Hilton Company had returned to Pakistan after 42 years which would prove to be step forward for tourism promotion.

“The project would cost $25 million and take three years to complete besides creating around 600 jobs,” he revealed.