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The Prime Minister of Pakistan, Shahid Khaqan Abbasi, amidst all the political mayhem, has given the nation a good news. The German automobile giant, Volkswagen has decided to invest and undertake business ventures in Pakistan, assuring the world’s largest automaker of complete facilitation and support from Pakistani government.
While meeting the Board of Management member Joseph Baumert, PM Abbasi focused on the economic strengths in Pakistan and credited investor-friendly policies for an ‘economic turnaround’ in past four years.
‘Both local and foreign investors have had huge incentives by investing and reaping benefits from the fast-growing economy of Pakistan as the security conditions have been better’, said PM Abbasi.
Baumert also expressed great hope for successful business ventures in Pakistan.Volkswagen’s head of overseas production Andreas Sprindler, head of Asia Pacific, Oliver Glaser, International Policy Foreign and Governmental Relations Klaus – Bo Steindorff and head of CKD Yuri Konushin, Premier Systems CEO Syed Arshad and Board of Investment secretary were also present during the meeting.