President Alvi invites German investors to benefit from SEZs under CPEC

President Dr Arif Alvi has invited German investors for investment in wind, solar and hydel energy projects and take advantage of new sets of incentives offered by Pakistan in these sectors.

He was talking in Islamabad on Wednesday, to a delegation of Friedrich-Ebert-Stiftung, a German political foundation working in Pakistan since 1980s.

The President said German investors can also take advantage of Special economic zones under CPEC in Pakistan. He reiterated Pakistan’s desire to enhance with Germany in terms of capacity enhancement of Pakistani institutions dealing with climate change, improving people-to-people contacts and cooperation in higher education.

He said Pakistan highly values its relations with Germany, both bilaterally and in the context of European Union, and wants to further strengthen and expand the mutually beneficial ties.

The President appreciated the continuous upward trend in bilateral trade between Pakistan and Germany and underlined the need to fully exploit the huge potential of trade, investment and business between the two countries.

The President welcomed Germany’s continued support for the continuation of GSP plus status to Pakistan.

Underlining the regional situation, he said Pakistan believes that sustainable peace in South Asia remained contingent on the peaceful resolution of the Jammu & Kashmir dispute in accordance with the relevant UN Security Council resolutions and the wishes of the Kashmiri people.