The government has requested that overseas Pakistanis invest in the country

The Pakistan Business Forum (PBF) Lahore chapter has urged the government to give a package of incentives, including tax-break packages, to foreign Pakistanis interested in joint ventures and other investment opportunities in the country. However, every effort should be taken to avoid any offshore investment in real estate and other industries where investing is regarded a dead investment.

Rather, it should be directed into enterprises that will expand manufacturing and value-added activities, resulting in a win-win situation for the government, investors, and the general public.In a statement published here, President Muhammad Ejaz Tanveer of the Pakistan Business Forum (PBF) Lahore chapter said that if the government wants to stabilise the economy, it should focus on convincing foreign Pakistanis to invest in the country rather than seeking additional loans.

However, he stated that there is a trend in which international investors are investing in real estate and homes because it is a safe and profitable business. However, Pakistan requires that they enter production sectors, allowing the country to produce more value-added things, generate more cash for the government, and provide jobs for the youth.Ejaz believes that abroad Pakistanis could be persuaded to bring technology from their own nations.

On the other hand, he stated that the government should enact laws and regulations to protect these foreign investors against fraud and other hoodwinks. He believes that investors should be provided a full package that will save their money, earn them a good return, and assist the national economy get back on its feet.