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Private sector can pull the country out of economic crisis: PIAF

Private sector can pull the country out of economic crisis: PIAF

LAHORE: Pakistan Industrial & Traders Associations Front (PIAF) Chairman Malik Tahir Javed while congratulating Pak Business Express on completion of two years, has said that success of this venture is an ample proof that private sector has the ability to put economy back on rail by turning loss making enterprises into profitable ones.

In a statement issued here, Malik Tahir Javed said that success of Pak Business Express was a good omen for Pakistan Railways. He hoped that the days are not very far when Pakistan Railways would become a profitable entity.

He said that government should appreciate ventures like Pak Business Express and most of the Public Sector Enterprises have lost their credibility and became huge loss making organizations. Only private sector could pull these enterprises out of crisis.

He said that success of Pak Business Express has given a very good message to the foreign investors who were reluctant to invest in the country due to one reason or another.

He said that the success of Pak Business Express had opened new doors for public-private partnership that was must to gain economic stability.