Islamabad, Aug 3: Finance Minister Muhammad Aurangzeb has emphasized that the government is dedicated to supporting growth driven by the private sector, with an emphasis on establishing an atmosphere that is conducive to business. He was speaking with Mikko Keto, the Global CEO of FLSmidth, who paid him a visit in Islamabad today.
In order to ensure sustainable economic development across multiple sectors, Pakistan has strategically shifted towards an export-led growth model, as stressed by the Finance Minister during the meeting. He also outlined the government’s continued initiatives, which include the reorganization of the tax code, public spending, and state-owned firm privatization, as well as extensive reforms in the energy and power sectors.
According to Muhammad Aurangzeb, we must provide the greatest amount of facilitation while the private sector takes the lead. Mikko Keto gave information about the company’s expanding presence in Pakistan as well as his gratitude for the country’s assistance. He emphasized FLSmidth’s growing involvement in Pakistan’s mining industry, which has improved local value addition, raised tax contributions, and produced job possibilities for the community.
He said, “We are eager to investigate additional investment opportunities through local partnerships and collaborations. We have a thorough understanding of Pakistan’s mining potential.” The team was given the assurance by Pakistan’s Finance Minister that the country is committed to creating an environment that is both favorable and conducive to international investment. The parties conveyed their resolute dedication to fortifying the commercial relations between Pakistan and Denmark, namely in the domains of mining and cement production.
