Prime Minister Muhammad Shehbaz Sharif has said the Government has taken several concrete measures to create a conducive environment for business and investment.

He was talking to a delegation of the Karachi Chamber of Commerce and Industry which called on him in Karachi on Wednesday.

He said steps are also being taken to resolve the issue of electricity shortage and all the businesses will be provided electricity at the same rate.

The Prime Minister informed that Federal Government is also initiating a solar power project of 10 thousand megawatts which has also attracted the interest of foreign investors.

Talking about the Special Investment Facilitation Council, Shehbaz Sharif said the institution would greatly improve and simplify the process for investors bringing in further investments in the country.

He said that the traders community of Karachi has an essential role in the country’s economy and resolving their issues is among the top priorities of the government.

The Prime Minister also asked the State Bank and FBR to cooperate with the business community to resolve their issues.