ISLAMABAD: Pakistan’s investment minister Qaiser Ahmed Sheikh said on Tuesday the country was fully committed to providing support to investors in a meeting with his Indonesian counterpart Rosan Roeslani, as Islamabad seeks to improve the ease of doing business.
The talks come amid a recent uptick in high-level engagement between Pakistan and Indonesia.
In December last year, Indonesian President Prabowo Subianto made a rare state visit to Pakistan, with both sides signing multiple agreements and memoranda of understanding covering areas such as higher education, scholarships, small and medium enterprises, archives cooperation, anti-narcotics efforts, health and halal trade.
“The Board of Investment remains fully committed to facilitating investors, providing end-to-end support and guidance,” Sheikh said, according to an official statement.
Sheikh told the visiting Indonesian minister that the government was prioritizing investment-led growth and had launched regulatory reforms aimed at making Pakistan a more business-friendly destination.
He cited the implementation of the Asaan Karobar Act and outlined investment opportunities across multiple sectors, including Special Economic Zones, where more than 6,000 acres of land are available.
Officials said a range of potential investment projects were presented to the Indonesian delegation during the meeting.
Later in the day, Roeslani also met Prime Minister Shehbaz Sharif, during which the two sides agreed to accelerate efforts to upgrade their existing preferential trade agreement into a Comprehensive Economic Partnership Agreement (CEPA) by 2027.
Pakistan and Indonesia have in recent months signaled interest in expanding economic cooperation, with officials on both sides highlighting opportunities in trade, investment, defense collaboration and technology as part of a broader push to strengthen bilateral ties.
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