ISLAMABAD, Pakistan: The Board of Investment (BOI) has said that it is committed for image building to promote the Country as an investment destination and facilitate the investor to resolve their problems.
Talking to the state-run news agency in Islamabad on Tuesday, a Spokesman of Board of Investment (BOI) Shah Jahan said that investment promotion consists of two core elements, namely image building and investment generation.
The Spokesman said that through pro-active approach, “We have mainly focusing to achieve the FDI target US$ 15 billion by 2025.
Shah Jahan said huge foreign investment in automobile sector would be expected from different groups because of the prudent policies of the government.
The BOI Spokesman said the government would hold road show in China, Germany including all big economies in coming few months for increasing Pakistan’s Foreign Direct Investment.
Through new work plan, BIO would hold road shows with the collaboration of chambers of industries and All Pakistan Textile Mills Association (APTMA) for focusing on textile and steel industry, he said.
The Spokesman said that BOI had digitalized visa process for foreign investors and now the investors could apply online for business visa from anywhere and there would be responded in very short period of time.
“We have also transformed the liaison and branch office from manual to online to facilitate the investors.
Shah Jahan said that seven Special Economic Zones (SEZs) cells had been approved for facilitating the investors through one window operation to provide them facility at one place.
The Spokesman said that SEZs investors would get the facility for plant and machinery import without customs duty in all four provinces of the country.
Replying to a question, he said that nine more industrial zone had been approved for high tech industry to enhance the export and employment opportunities in the country.
The BOI Spokesman said the SEZ Cell had been furnished on the contemporary corporate style and would be equipped with state-of-art facilities.
