Pakistan has great potential for investment: Shaukat
Pakistan Times Business & Commerce Desk

ISLAMABAD: SHV Holding of Netherlands, an eminent multinational company which has made investments in Pakistan in LPG and Gas Sector has decided to diversify its investment in the country.

This was disclosed by Piet C Klaver, President SHV holdings during a meeting with Prime Minister Shaukat Aziz here on Monday.

He said the company has launched a massive project of wholesale distribution of agriculture commodities and dairy products to help in upgrading the quality of agriculture products in the country so that farmers could get better prices of their products.

The company, he said, would help a great deal in supply of quality fruits, vegetables and dairy products in domestic and international market. The export of Pakistan's dairy products and fruits would get a big boost.

PM for Investments

Welcoming Klaver, Prime Minister Shaukat Aziz said that Pakistan was providing level playing field to investors both local and foreign.

He said with the increase in GDP growth, demand for durable goods is increasing very fast.

Pakistan, he said, has a great potential for investment. The continuity and consistency of economic policies has created an enabling environment for investors.

Of the IMF

The Prime Minister said every sector of industry is undergoing expansion, new industries are coming up and Pakistan has concluded IMF programme and decided to go to International Capital Market.

He said the SHV holding should also explore possibilities of investing in Oil and Gas Sectors as it has a great potential as this sector is the most unexplored.

He said Pakistan's privatization programme is moving ahead in a very transparent manner and the government is facilitating the private investors to join the process of development.

The PM said the government was providing facilities to the farmers to improve the agriculture.

"Our fruits and dairy products are in great demand abroad as they are of very good quality," said the Prime Minister.

Jamali, Shaukat discuss political situation, development projects

The ex-Prime Minister Mir Zafarullah Khan Jamali Monday discussed with Premier Shaukat Aziz the political situation and the ongoing development projects in Balochistan.

The Prime Minister assured that the government will allocate additional resources for the province to increase employment opportunities and usher in an era of development in the province.

The meeting here at the Prime Minister House reviewed the pace of progress of the development schemes specially the Mirani Dam, Gawadar Port, Coastal Highway.

Water and electricity Network

Prime Minister Shaukat Aziz also discussed expansion of water and electricity network in the province and said it would be enhanced to cover all the far off areas.

He said a portion of the Gawdar port will be completed by next year and said it would provide more opportunities for jobs and business to the people.●