Govt to protect overseas Pakistanis’ investment

ISLAMABAD: Minister for Labour, Manpower and Overseas Pakistanis Syed Khurshid Ahmed Shah on Wednesday said the government would provide complete protection to the investments made by Overseas Pakistanis in the country.

Speaking to a 15 member delegation led by Chaudhry Liaqat Ali, Lord Mayor of London Borogh of Waltham Forest, United Kingdom, here, the minister said the government would give complete assurance to the Overseas Pakistanis’ investors to come forward and make investment in the country for the progress and prosperity of the people.

Managing Director of the Overseas Pakistanis Foundation (OPF) Syed Nayyer Hasnain Haider and Director Administration Habib ur Rehman Khan were also present in the meeting.

The minister said that OPF is working to establish an industrial estate for Overseas Pakistanis at Chakri Interchange in the collaboration with the government of Punjab.

“This Industrial Estate would be attractive point for Overseas Pakistanis Investors,” he said.

He urged that the Pakistani community living abroad should play their due role in building of the country by making investment of their valuable earnings.

Shah assured the delegation that the issue of right of vote to Overseas Pakistanis has been taken up with the Election Commission to evolve a mechanism through which they could be able to exercise their right of vote from abroad.

The minister asked the delegation to bring suggestions and proposals for the welfare of Overseas Pakistanis. He stressed the need for establishing strong interaction with Overseas Pakistanis, so that their problems could be addressed effectively.

He appreciated the contribution of Overseas Pakistanis which they made by remitting billion of dollars to Pakistan.
Source: The News, 10/4/2008