Ministry of Industries & Production

Mr. Stefano Pontecorvo, Ambassador of Italy along with Mr. Crosetto, Chairman of the Italian Industries Federation for Airspace called on Federal Minister for Industries & Production

 Islamabad: May 17, 2016

PRESS RELEASE

 

      Mr. Stefano Pontecorvo , Ambassador of  Italy along with Mr. Crosetto, Chairman of the Italian Industries Federation for Airspace called on Federal Minister for Industries & Production Ghulam Murtaza Khan Jatoi here in his office.

     Speaking on the occasion the Minister said that Pakistan is looking for strengthening of relations with Italy. He said that the economy of Pakistan is progressing and initiatives taken by the present democratic government have created investment friendly environment in Pakistan for the international community get invest especially in Industries, Production and Infrastructure developments. ‘’Industrial corporation mutual trade  and people to people contact may be increased for strengthening of bilateral relations’ ‘he added.

      The automobile industry was also discussed in the meeting and the Ambassador sheared with the Minister the promotion of Italian auto companies in Pakistan. Industrial Parks were also  discussed  as the Minister explained how they are necessary to give companies incentives and tax relaxation for foreign companies who want to set up industries in Pakistan. The Minister said that industries for new technology can be set up anywhere in Pakistan and are not bound to industrial parks.

                The ambassador apprised about the friendly relations Pakistan and Italy are enjoying at various levels.