ISLAMABAD: Minister for Investment Abdul Aleem Khan lauded the Footwear Association exhibition, noting the high international standards of the products and their growing export presence and appreciated the better ties with international brands and the increasing involvement of Chinese companies in joint ventures with Pakistani firms.
In response to the Prime Minister’s request, the exhibition will move to China a month earlier this year.
Abdul Aleem Khan highlighted the success of the exhibition and praised the Prime Minister and Commerce Minister for their support.
The prime minister also called for a five-fold increase in the number of trade officers, bringing their number to around 20.
Kamal emphasized that the government’s role is to facilitate business, not to manage it.
He urged Pakistani entrepreneurs to seize the opportunities offered by companies moving out of China due to rising costs.
He assured that the FBR would help with taxation, banking and other matters and advocate on behalf of the business community.
“The privatization process for PIA is progressing and October 1 is set as the key date,” said Abdul Aleem Khan.
“Six Pakistani companies are involved in this process along with international partners from UAE, Malaysia and Turkey and PIA will take over the suitable company,” Aleem Khan said.
He noted the significant financial losses caused by PIA and the government’s commitment to address these issues by privatizing the institutions to improve economic efficiency.
