Pakistan, China to create business, investment forum

Web DeskWeb Editor

03rd Aug, 2021. 10:42 am
Pakistan China

ISLAMABAD: Pakistan is working with China for the establishment of a Business and Investment Forum, which will offer numerous opportunities to the pakistan private sector, an official said.

Board of Investment secretary Fareena Mazhar assured the investors that the process of obtaining business visas will be further expedited by taking up the issue with other relevant departments.

Owing to the ongoing pandemic and restrictions and the directives from the Prime Minister Office, the Board of Investment organised its first-ever khuli e-kachehry on Monday.

The kachehry was conducted by Board of Investment secretary Fareena Mazhar and several officers of the board, including BoI director general Jamil Qureshi and Director General Suriya Jamal participated in the session. The regional offices also participated in the session virtually.

The session continued for two hours and was a successful feat regarding the public outreach.

Speaking to the relevant audiences via zoom and telephone, Fareena Mazhar shared her official e-mail address and contact details of relevant officers.

She encouraged the investors to share their project proposals and observations with the Board of Investment for further coordination on the matters of importance.

A large number of investors and members of the business fraternity reached out to the Board of Investment with their queries and expressed gratitude for being given the opportunity to directly contact the secretary.

They also appreciated the BoI team for timely resolution of their complaints and facilitating the investors in every possible way. Local and foreign investors came forward with a wide range of issues and suggestions, including obtaining business visas, tourism policy, investment in sectors such as petroleum, minerals and mining, livestock, etc.

The focus of the e-kachehry was to address issues pertaining to investors, including ease of doing business, foreign investment, Special Economic Zones (SEZ), work visas, establishing company branch/liaison office and other areas relevant to the Board of Investment’s mandate.

The activity was aimed at strengthening the confidence of the people and developing a linkage between the government’s machinery and investors. Through this venture, the Board of Investment provided an accessible platform to the public to redress queries and complaints and was able to convey the government’s narrative on investment incentives.

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