April 19, 2019 (MLN): With the demonstration of stability and development of infrastructure, private capital has started coming in Pakistan, which is indicated by the interest being shown by a number of neighboring states", said Chairman Board of Investment, Mr. Haroon Sharif, while addressing a delegation of UKPCCI.
The meeting was attended by Secretary Board of Investment along with the team, as well as delegates from UKPCCI representing different sectors.
While talking about the opportunities in Pakistan, Chairman BOI stressed that Pakistan provides a young market to the investors, which is also expanding towards Central Asia and West China.
He added that the interest of foreign investors is also increasing because of the priority of Prime Minister Imran Khan on investment and doing business reforms in the country.
Mr. Haroon Sharif informed the delegates that BOI is connecting the embassies and high commissions of various countries, including UK, with a centralized information system, which would be useful in facilitating the interested investors and businessmen coming from these countries.
During the meeting, Chairman BOI explained the priority sectors of Government of Pakistan and urged the members of UKPCCI to invest in these sectors, with the facilitation provided by Board of Investment.
Talking about tourism sector, Mr. Haroon Sharif informed that two hotels are opening in Northern Areas of Pakistan in the summer, while other foreign chains are also closing in on the deals.
He said that Prime Minister Imran Khan is keen to invest for development of rural economy with the support from Pakistani Diaspora.
Giving an overview on the outcomes of current visit, Joint Secretary of UKPCCI told that the organization has priority to invest in tourism sector, followed by IT, housing and food processing.
Chairman BOI instructed his team to coordinate with other stakeholders and provide facilitation in materializing the proposals put forth by UKPCCI.
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