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Overseas Investors Chamber of Commerce and Industry (OICCI) President Farooq Rahmatullah has welcomed the assumption of the office Prime Minister Shaukat Aziz, a press release on Monday said, adding that the presence of Shaukat Aziz in that August office would go a long way to further enhance investors confidence.

The trade leader further said, Shaukat Aziz had an excellent track record as Federal Finance Minister having steered the economy to a level of a macro economic performance that was enviable.

The economy under his stewardship had been turned around as evidenced by growth in GNP, tax revenue, foreign exchange reserves, Exports and Imports and Public sector expenditure (PSDP), the release mentioned.

The challenge to attract higher investment and foreign inflows continues to be a key element of success, it said the factors that inhibit those needed to be addressed, those brought the country's law and order situation, the inadequate social and physical infrastructure and institutional stability, Farooq Rahmatullah further said.

The Chamber looks forward to improve economic governance under the new leadership, it concluded.-PR

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