{"id":98553,"date":"2024-08-18T13:30:00","date_gmt":"2024-08-18T08:30:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=98553"},"modified":"2024-08-16T16:27:43","modified_gmt":"2024-08-16T11:27:43","slug":"govt-advised-to-partner-with-fpcci-to-increased-foreign-investment","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-advised-to-partner-with-fpcci-to-increased-foreign-investment.html","title":{"rendered":"Govt advised to partner with FPCCI to increase foreign investment"},"content":{"rendered":"\n<p>Lahore: Patron-in-Chief of UBG and former Punjab Minister S M Tanveer&nbsp;has urged the government to urgently partner with FPCCI to attract billions in investment, as reported on August 16.<\/p>\n\n\n\n<p><strong>Read<\/strong>:  <a href=\"https:\/\/www.zameen.com\/news\/fbr-fpcci-recommend-30-tax.html\" target=\"_blank\" rel=\"noreferrer noopener\">FPCCI, FBR propose 30% Tax on Non-Filers\u2019 bank deposits to curb black money<\/a><\/p>\n\n\n\n<p>As per details, the former Punjab Minister pointed to the current political turmoil in Bangladesh, which has led to a withdrawal of Western investments, creating a crucial opportunity for Pakistan to attract these funds. He also noted the significant cancellation of textile export orders from Western brands in Bangladesh, which could be redirected to countries like India, Vietnam, or Cambodia unless immediate action is taken. S M Tanveer stressed that Pakistan has a narrow two-week window to act. <\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/ruda-fppci-collaborate-foster-development.html\" target=\"_blank\" rel=\"noreferrer noopener\">RUDA, FPCCI partner for \u2018Investment Reimagined\u2019 event in LHR<\/a><\/p>\n\n\n\n<p>He proposed several measures for the government, including reducing energy prices to 9 cents per unit, facilitating the domestic supply chain for exports under SRO 1125, and lowering interest rates to 12 percent. These steps, he argued, are essential to revitalising the local textile industry. By implementing these recommendations, Tanveer believes Pakistan could secure substantial investment and textile export orders, potentially generating millions of jobs and significantly boosting the national economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: Patron-in-Chief of UBG and former Punjab Minister S M Tanveer&nbsp;has urged the government to urgently partner with FPCCI to attract billions in investment, as reported on August 16. Read: FPCCI, FBR propose 30% Tax on Non-Filers\u2019 bank deposits to curb black money As per details, the former Punjab Minister pointed to the current political turmoil in Bangladesh, which has led to a withdrawal of Western investments, creating a crucial opportunity for Pakistan to attract these funds. He also noted the significant cancellation of textile export orders from Western brands in Bangladesh, which could be redirected to countries like India, Vietnam, or Cambodia unless immediate action is taken. S M Tanveer stressed that Pakistan has a narrow two-week window to act. Read: RUDA, FPCCI partner for \u2018Investment Reimagined\u2019 event in LHR He proposed several measures for the government, including reducing energy prices to 9 cents per unit, facilitating the domestic supply chain for exports under SRO 1125, and lowering interest rates to 12 percent. These steps, he argued, are essential to revitalising the local textile industry. By implementing these recommendations, Tanveer believes Pakistan could secure substantial investment and textile export orders, potentially generating millions of jobs and significantly boosting the&hellip;<\/p>\n","protected":false},"author":89,"featured_media":64390,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[4295,6037,56222,59041,54151,54568],"persona":[],"class_list":{"0":"post-98553","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"tag-foreign-investment","9":"tag-fpcci","10":"tag-news-and-updates","11":"tag-pakistan-investment","12":"tag-punjab-news","13":"tag-zameen-news","14":"cat-15016-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt advised to partner with FPCCI to increase foreign investment - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: Patron-in-Chief of UBG and former Punjab Minister S M Tanveer&nbsp;has urged the government to urgently partner with FPCCI to attract billions in\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/govt-advised-to-partner-with-fpcci-to-increased-foreign-investment.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt advised to partner with FPCCI to increase foreign investment - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: Patron-in-Chief of UBG and former Punjab Minister S M Tanveer&nbsp;has urged the government to urgently partner with FPCCI to attract billions in\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-advised-to-partner-with-fpcci-to-increased-foreign-investment.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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