Lasbela Chamber of Commerce and Industry hails incentive package to investors

Karachi, November 30, 2013 (PPI-OT): The President Lasbela Chamber of Commerce and Industry, Ismail Suttar has highly appreciated the policy announcement by the Prime Minister of Pakistan Nawaz Sharif offering incentives for the investors. In a statement he said that in order to make investment and create jobs in the Green Field Projects, providing an opportunity for bringing back the capital for economic uplift a concrete package for the local investors was a need of the hour.

The LCCI Chief also appreciated the incentives given to the taxpayers for filing their tax returns aimed at widening the tax net, along with the extension in the deadline for filing the tax returns, which has provided an opportunity to taxpayers to get advantage from the incentives and concessions announced by the Prime Minister.

Ismail Suttar, however, was of the opinion that these incentives and whitening scheme for the investors will work successfully when the investors would be confident about better law and order situation in the country together with good governance and corruption free and competent bureaucracy, which at times disappoints the business community due to its slackness and red tapism.

He further said that it was also required to restore investor’s confidence on government’s policies that keep on changing all the time due to which country has lost massive investment in the last five years.

For more information, Contact:
Muhammad Farhan
Public Relations Officer
Lasbela Chamber of Commerce and Industry
Ground floor, lieda office building, Hub, Dist. Lasbela,
Tel: (0853) 303410, 304461
Fax: (0853) 302431
E-Mail: farhanprolcci@yahoo.com