Islamabad, August 19, 2013 (PPI-OT): Mr. ITO, Yasushi Managing Director Yamaha Motors Pakistan met Finance Minister Ishaq Dar at the Finance Minister’s office this morning.
During the meeting Chairman Board of Investment (BOI) Mr. Zubair Omar, Chairman FBR Mr. Tariq Bajwa and senior officials of the Ministry of Finance were also present.
During his meeting with the Finance Minister Mr. ITO, Yashushi informed him that he has been running from pillar to post for the last four years to install a Yamaha Motorcycle Plant in Pakistan. It was only recently when the present government assumed power that the process has been accelerated, he added.
Regretting the delay caused in the acceleration of plant Senator Ishaq Dar said that the government of Prime Minister Nawaz Sharif supports and welcomes Foreign Direct Investment (FDI).
The seriousness of the government can be gauged from the fact that it wants BOI to function as a one-window operation for foreign investors and has appointed a senior party colleague as its chairman.
The Finance Minister assured the Managing Director Yamaha that the case of Yamaha Motors will be taken up in the next meeting of Economic Coordination Committee which will meet shortly and resolve all issues so that the plant can be installed in the country without further delay.
Senator Ishaq Dar said that this government is committed to facilitate foreign investment in the country and shall ensure that a smooth process is laid out to facilitate investment in the country.
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