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CPEC moves towards new direction of development
PM aide says govt will help set up large-scale manufacturing units, IT zones
In second phase of CPEC, there is high focus on social development and projects that are closer to the masses such as health and education. PHOTO: FILE
ISLAMABAD:
The China-Pakistan Economic Corridor (CPEC) is moving towards a new direction of industrial and agricultural development, which needs a proactive role by the private sector combined with technology companies, said Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood.
During first meeting of the recently reconstituted CPEC Business Council, Dawood emphasised that the government would facilitate at the maximum level to ensure establishment of large-scale manufacturing units and information technology zones under CPEC.
Tech progress opens new avenues
PM aide appreciates MNC’s plan to start BSS operations in Pakistan
APP
December 23, 2020
ISLAMABAD:
Technological advancement has opened up many possibilities of trade in services across borders in many sectors, said Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood.
Speaking at a consultative meeting on services exports at the Ministry of Commerce on Tuesday, the adviser examined the state of Pakistan’s services trade as well as steps taken to expand it.
“After decades, the British American Tobacco (BAT) has decided to move its business-shared services (BSS) operations from Malaysia to Pakistan,” he said. “This is an indication that Pakistan is being considered as a cost-effective location for activities like back office services, business process outsourcing (BPO), call centres and others.”
British American Tobacco shifting key business to Pakistan
Business
December 23, 2020
ISLAMABAD: British American Tobacco (BAT) is shifting its Business Shared Services operations from Malaysia to Pakistan, which is indicative of increasing foreign investor trust in the country’s economic sustainability, a statement said on Tuesday.
BAT is the first multinational company to move its Business Process Outsourcing (BPO) services to Pakistan after Deutsche Bank withdrew its operations from the country.
This development came to fore in a high-level meeting at the Ministry of Commerce, which was chaired by Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood.
The commerce adviser noted the opening of business services by BAT “is an indication that the country is now being considered as a cost effective location for activities like back office services, BPO, call centres, etc”.