Federal Minister for Board of Investment Chaudhry Salik Hussain said on Monday that no foreign investment could be attracted without facilitation from the local investors.
He was talking to the business community here at the Lahore Chamber of Commerce and Industry. LCCI President Kashif Anwar and Senior Vice President Chaudhry Zafar Mahmood also spoke.
The federal minister said that before giving priority and protocol to foreign investors, incentives should be given to the local investors first, because if they were happy, only then someone from outside would come to invest here.
He said that situation in Pakistan was that the investors had to go to the public institutions again and again, for one reason or the other.
