BOI chief discusses investment opportunities with ADB delegation

News Image

MG News | March 18, 2019 at 05:06 PM GMT+05:00

0:00

March 18, 2019: Director General of Central West Asia Development, Asian Development Bank Werner E Liepach along with his delegation called on Minister of State /Chairman Board of Investment (BOI) Haroon Sharif here at the BOI office.

During the meeting, Haroon Sharif stated, "The Prime Minister Imran Khan is taken a clear leadership role in reviving the economy and making Pakistan lucrative destination for investors."

Talking about the efforts of the government, Haroon Sharif stated that a number of neighboring countries were ready to take long-term investment stakes in Pakistan and coming forward with solid projects.

He said the investors have also shown great interest and at least 5 multinational hospitality chains were in negotiations with BOI with their investment plans.

BOI Chairman Haroon Sharif also apprised the Director General, ADB on the areas being focused by the government, including framework for industrial development, development of Special Economic Zones and moving from traditional industry to adding value to exports through technology driven solutions.

He said that ADB could assist the government by providing expert technical advice to BOI as well as by creating a fund to finance and address the shortcomings in the existing 7 Special Economic Zones.

The Director General ADB told Haroon Sharif that his organization ready to help by bringing in their expertise for formalization of different policy frameworks as well as by linking the private sector investments with investment opportunities in Pakistan.

He said that the ADB team visiting Pakistan to look at opportunities to invest in private ventures.

Liepach shared that ADB was keen to enhance connectivity for trade and investment with Central Asia as well.

(APP)

Related News

Name Price/Vol %Chg/NChg
KSE100 138,665.50
299.28M
1.68%
2285.53
ALLSHR 85,699.50
778.48M
1.24%
1051.15
KSE30 42,353.14
103.20M
1.94%
806.91
KMI30 195,182.04
107.99M
1.81%
3462.27
KMIALLSHR 56,389.15
437.73M
1.01%
561.42
BKTi 38,422.98
17.31M
1.57%
595.37
OGTi 27,718.26
13.25M
0.17%
47.58
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,040.00 119,915.00
118,035.00
-1590.00
-1.33%
BRENT CRUDE 68.88 69.01
68.27
0.36
0.53%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
0.95
0.99%
ROTTERDAM COAL MONTHLY 104.50 0.00
0.00
-0.65
-0.62%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.05 67.20
66.29
0.67
1.01%
SUGAR #11 WORLD 16.78 16.84
16.54
0.22
1.33%

Chart of the Day


Latest News
July 17, 2025 at 05:11 PM GMT+05:00

Gold price in Pakistan falls Rs900 per tola


July 17, 2025 at 04:53 PM GMT+05:00

PSX issues consultation paper on free-float requirements


July 17, 2025 at 04:30 PM GMT+05:00

KTML Board proposes share sub-division to Rs2 face value


July 17, 2025 at 04:06 PM GMT+05:00

PSX Closing Bell: A Sky Full of Gains



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg