Govt mulling to raise police personnel for investors’ security

Daily Times | Friday, January 23, 2009

Staff report

ISLAMABAD: Federal Government is seriously considering to raise 0.1 million police personnel in each province for increasing the security for the investors, Federal Minister of Investment, Senator Waqar Ahmad Khan said at a dinner hosted in honour of ambassadors of Western countries.

The Ambassadors and deputy heads of missions of 15 countries including US, Austria, Belgium, Sweden, France and Finland, attended the dinner.

The aim of the event was to interact with the foreign diplomats and to brief them about the scope of trade and investment opportunities.

“We also want to know about the interest of foreign investors and their companies regarding investing in Pakistan and we also asked them about their suggestions to further promote trade and investment in the country”, he added.

The Minister said that Friends of Pakistan played an important role in bringing the country out of the economic crisis.

Waqar said that Pakistan offers huge investment opportunities in various sectors of the economy like energy, power, agriculture, livestock and infrastructure development. He said that energy units would be established to enhance the investment potential in the country and a meeting was held recently with Korean and United Arab Emirates companies for the purpose.

He informed that KEPCO would establish 1000MW coal power plant at Thar, which will create more job opportunities for the people in that area.

To address the security issues, the minister said that a task force has been formed comprising high officials of foreign, interior and investment ministries and the chief secretaries of all the provinces to provide complete security for the foreign investors and their investments.

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