Pakistan providing investment friendly regime to foreign investors: Iftikhar
ISLAMABAD: Secretary Board of Investment (BoI), Iftikhar Babar on Friday called upon Chinese businessmen to invest in different sectors of Pakistan particularly in power, energy, infrastructure and mining for further enhancing bilateral trade.
A high level 9-member Chinese delegation led by Vice Governor, People’s Government of Guangdong Province Liu Zhigeng visited Board of Investment and met with Iftikhar Babar, Secretary, BOI.
The BOI secretary welcomed the Chinese delegation and briefed them about the available investment opportunities in Pakistan in different sectors of the economy.
He informed that Pakistan was committed to provide an investment friendly regime to investors by offering lucrative fiscal incentives and profitable business environment to foreign investors.
He added that China and Pakistan have entered into a comprehensive plan of China-Pakistan Economic Corridor that will expand the trade and economic relation between two countries.
Pakistan and China are strategic partners and have been cooperating in various fields of mutual interest. The recent visit of the Chinese President had further cemented the existing relations and opened new avenues of investment, trade and cooperation.
Sohail Ahmed Khan, DG, BOI gave a detailed presentation with focus on investment climate and investment opportunities available in Pakistan.
Liu Zhigeng, Vice Governor, People’s Government of Guangdong Province thanked BOI for cooperation and briefing regarding the investment opportunity available in Pakistan.
Liu Zhigeng showed keen interest in different areas of investment specifically in transport and information technology sectors.
He also invited Secretary, BOI to participate in their incoming International Investment & Trade Fair in Guangdon, China.