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APBF asks govt to patronise local investors [The Nation] 12 Nov, 2015

LAHORE - The All Pakistan Business Forum has asked the government to adopt the policies of patronizing local investors in the country to ensure larger gains from the China-Pakistan Economic Corridor Project (CPEC).
APBF has observed lack of encouraging strategies on the government side to motivate the local investors in Pakistan to come forward and play their part in the development of the country’s economic well being. President APBF Ibrahim Qureshi expressed his dire concerns on the matter of such economic policies and the possible results in the future while implementing such policies. Mr. Qureshi said, “We strongly believe in free trade and business without any discrimination or protectionist policies. But this is our responsibility to direct government against the implications of adopting narrow and limited sighted policies of the economic future.”
He said that local investors must be provided the facilities, both on the policy as well as operational levels with motivational mode. Our local business community and investors are more worthy of being patronized for the purpose of providing the security of their investment and business. Because it is the growth and development of the local sectors that indeed translates reliable foundation of National economy growth and prosperity.” 
Qureshi while explaining the importance of local investors said that no doubt APBF has been engaged with various resourceful organizations and business communities all around the world but it is equally important for the brighter future of Pakistan to emphasize on capacity building and strengthening local business sector. CPEC will be huge opportunity in terms of investment, trade and business, and even services sectors. And it must be seriously taken by the government. And on the side of local investment and business multipliers effect of capital is crucially important as it remains in and keep on re-circulating within the local economy.


    
 
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