Prime Minister Shehbaz Sharif has stressed the importance of localization, incentivizing new products, and promoting new technologies, such as the introduction of hybrid and Electric Vehicles at an early date.
The prime minister, in a meeting with Chief Executive Officer of Indus Motors Company Ali Asghar, highlighted the government’s business-friendly policies.
Japanese Ambassador to Pakistan Mitsuhiro Wada was also present at the meeting.
He also urged the Japanese side to avail such opportunities to enhance its investment in Pakistan.
Earlier, a delegation comprising leading Japanese companies called on the Prime Minister in Islamabad today.
Talking to them, the Prime Minister renewed his government’s firm commitment to further enhance bilateral cooperation with Japan, especially in the fields of trade and investment, telecommunication, food, infrastructure, and other important sectors.
The meeting was attended by Energy Minister Khurram Dastagir, Finance Minister Miftah Ismail, Industries and Production Minister Makhdoom Syed Murtaza Mehmood, Special Assistant to the PM Syed Tariq Fatemi, and other senior officials.
He constituted a Special Committee to resolve the issues faced by Japanese companies in Pakistan on a priority basis, aimed at removing impediments in the way of attracting Foreign Direct Investment in Pakistan.