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Thursday 18th August 2022 / 20 Muharram 1444

President Alvi applauds Japan’s investment in Pakistan

ISLAMABAD: President Dr. Arif Alvi has appreciated Morinaga Japan for its investment of 5.1 rupees billion by setting up a manufacturing facility in collaboration with Pakistan.
President Alvi was talking to the President of Morinaga Milk Industry Co. Limited, Japan, Michio Miyahara, at the Aiwan-e-Sadr in Islamabad.
President Alvi said that Pakistan has adopted a very liberal and investment-friendly policy, which is free from restrictions on remitting capital, profits, and dividends.
Also read: Alvi supports Pak-Turk-Malay joint venture to unite Muslim world
He said that the investment would help in diversifying Japanese investment and would encourage other Japanese companies to invest in Pakistan.
 The president also underlined that the investment policy of Pakistan had been designed to provide a comprehensive framework for creating a conducive business environment for attracting direct foreign investment.
Moreover, the president highlighted that in order to ensure a favorable business climate for investors, Ease of Doing Business Reforms are also underway.
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