Pakistan has measureless intensity for investors: PM Nawaz

The Prime Minister, during his visit, pronounced that Pakistan is a flourishing economy and a supervision is holding all efforts for a wealth of a people, adding that given 2013 Pakistan’s mercantile conditions have improved.

“Our purpose is to commission people and strengthen a economy of Pakistan,” he remarked.

Speaking about Alibaba, he praised a company’s flourishing e-commerce business and pronounced that e-commerce ends information gaps and saves time.

Upon attainment during a association headquarters, a PM was perceived by Alibaba Executive Chairman Jack Ma, who founded a Alibaba Group in 1999. The PM was also given a minute display on a company’s performance, achievements and destiny targets.

He was briefed that besides online trade, Alibaba has also widespread a network to farming economy, microfinancing, marketing, open welfare, life sciences and trade control with 33,000 stations handling opposite a globe.

Jack Ma pronounced that that a association has a consumer bottom of around dual billion, besides providing jobs to 100 million people.

The executive also sensitive a PM that Alibaba’s microfinancing business has a liberation ratio of around 99 percent. He claimed that a association delivers 60 million packages opposite China each day and has a record of delivering products to a toughest locations around a world, including Mount Everest.

Later, a Memorandum of Understanding (MoU) was sealed between Pakistan and a Alibaba Group. Federal Minister for Commerce Khurram Dastagir inked a MoU from Pakistan’s side, while a PM was a declare to a ceremony.

The PM also visited a Alibaba Museum wherein he was given an overview of a company’s story and profile.

Article source: http://www.suchtv.pk/pakistan/general/item/53948-pakistan-has-immense-potential-for-investors-prime-minister.html