“During 60s, Pakistan was moving towards industrialization, but a nationalization process choked the progress,” Prime Minister regretted.
Islamabad: Prime Minister Imran Khan Monday said that industrial progress and exports were keys to a country’s progress and prosperity.
While addressing the launching ceremony of Pak-China Business Investment Forum, Khan said that wealth creation of a country was impossible without industrial development while exports increase supplemented such efforts.
Pak-China Business Investment Forum is formed in collaboration with Pakistan Board of Investment (BOI) and All Pakistan Chinese Enterprises Association with the objectives to promote investment by the Chinese companies in Pakistan and enhance business to business industrial cooperation.
“During 60s, Pakistan was moving towards industrialization, but a nationalization process choked the progress,” Prime Minister regretted.
Imran Khan further added that different small countries in the world had increased their exports capacities.
“Government had provided incentives to the IT sector and within two years, its exports had been doubled,” he added.
Referring to China and Turkey, Khan observed that they made strides by enhancing their industrial and exports capabilities.
Cricketer-turned politician opined that in Pakistan, focus on industrialization had never been made a priority in the past.
Pakistan’s remittance growth reaches 55% with $3.1bn in February
- 2 گھنٹے قبل
PM orders strict action against price hikes in Ramazan
- 5 گھنٹے قبل
WAPDA awards consultancy contract for Hydraulic Model Research Institute in Sheikhupura
- 2 گھنٹے قبل
Gold prices unchanged locally after global stability
- 5 گھنٹے قبل
Security forces rescue 350 passengers from Jaffer Express after terrorist hijacking
- 7 گھنٹے قبل
Dollar value drops in interbank market as rupee strengthens
- 3 گھنٹے قبل
Lion seized in Lahore after viral selfie sparks Wildlife Dept raid
- 5 گھنٹے قبل
ATC extends remand of Mustafa Amir murder suspect
- 3 گھنٹے قبل
Govt plans raw sugar imports to lower prices
- 6 گھنٹے قبل
Three died as room ceiling collapses in Khyber
- 8 گھنٹے قبل
FO confirms Pakistani ambassador barred from entering US
- 7 گھنٹے قبل
Karachi faces Measles crisis as hospital admissions rise
- 6 گھنٹے قبل
