Volkswagen decided to invest in Pakistan, PM Abbasi welcomed

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Wednesday while welcoming the decision of Volkswagen to invest and undertake business venture in Pakistan and assured all possible facilities and support to the company.

He was talking to Dr. Joseph Baumert, Member Volkswagen Board of Management who called on him here at the PM Office.

The Prime Minister spoke of the strengths of Pakistan economy and said owing to the investor-friendly policies of the present government, economic turnaround in the last four years and improved security situation, huge incentives to invest and reap benefits from a fast-growing economy were now available to the international business community.

He said with enhanced road networks; in view of the China Pakistan Economic Corridor project and greater spending on communication infrastructure, Pakistan offered great opportunities to the international automobile companies to fill in the existing demand-supply gap through local production.

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