PR No.132 Islamabad: 24th July 2018

Prime Minister Justice (R) Nasir-ul-Mulk today chaired a briefing on Board of Investment (BOI) at Prime Minister’s Office. Minister for Finance Dr. Shamshad Akhtar, Secretary Finance Mr. Arif Ahmed Khan, Chairman FBR Ms. Rukhsana Yasmin, Secretary BOI Mr. Muhammad Jehanzeb Khan, Additional Secretary to Prime Minister Dr. Kazim Niaz and other senior government officials attended the briefing. Secretary BOI Mr. Muhammad Jehanzeb Khan briefed the Prime Minster about the role of the organization in the promotion of local as well as foreign investment in the country, facilitation of business community, improvement of legislative, regulatory and policy framework to attract investments, facilitating businesses to flourish, working to improve ease of doing business and serving as a lead agency for furthering industrial cooperation under the CPEC projects. Outlining various initiatives taken to promote investment in the country, the Secretary highlighted wide-ranging financial incentives and liberal policy regime that has been put in place to make the country an attractive destination for local as well as foreign potential investors in all sectors of economy. He said that efforts were afoot to address some issues that hampered steady growth of investment in the past and to restore confidence of the business community. The Secretary also briefed the Prime Minister about the steps taken for improvement of ease of doing business in the country. Progress on establishment of Special Economic Zones in the CPEC was also reviewed. The Prime Minister appreciated the efforts of Board of Investment towards facilitating businesses and attracting investments in various sectors of economy. He emphasized the need for strengthening of coordination amongst the federal and the provincial governments, ministries, foreign missions and other stakeholders so as to extend maximum facilitation to the business community and to remove bottlenecks in smooth and steady growth of investments in the country.

PREVIOUS NEXT