Pakistan offers ideal environment for telecom sector: PM

ISLAMABAD (Web Desk) - Prime Minister Nawaz Sharif says the incentive-based transparent policies of the government have restored confidence of international business community to invest in Pakistan.

He was talking to Chief Executive Officer of VimpelCom Jean-Yves Charlier in Islamabad on Monday.

The Prime Minister said government’s clear policies have especially revolutionized the Telecom sector and successful launch of 3-G and 4-G in the recent past is a testimony to this.

Nawaz Sharif said the Government is encouraging the telecom companies to expand their outreach to far-flung areas of the country.

He said Pakistan offers an ideal environment for telecom sector as the country has one of the largest cellular phone subscribers.

The Prime Minister said the government believes in open and transparent business policies so that both local and foreign investors are further motivated to explore the business opportunities in the country.

Mr Jean-Yves Charlier appreciated the business friendly policies of the incumbent government.

He said Teledensity in Pakistan is one of the highest in the region which makes the country one the favourite destination for foreign investors.