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Pakistan soon to become a hub of regional, global trade: BOI official

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ISLAMABAD, Pakistan: Pakistan will soon be transformed to an investment hub of regional and global trade due to prudent economic policies of the government, said a senior official of the Board of Investment (BOI).

Talking to the state-run news agency in Islamabad on Friday, the official said that the BOI is fully committed to reviving the confidence of foreign businessmen to ultimately boost foreign investment in the country.

The BOI official said that the China Pakistan Economic Corridor (CPEC) will play a role of catalyst for enhancing foreign investment besides attracting investment not only from China but from other parts of the world as well.

The official that the CPEC will be a strategic game-changer in the region and would go a long way in making Pakistan a richer and stronger country.

Replying to a question, he said that the BOI has established Special Economic Zone (SEZ) Cell to facilitate the stakeholders on matters relating to CPEC. He said that the Cell has been furnished on the contemporary corporate style and will be equipped with state-of-art facilities.

The official said that Coca-Cola is presently contemplating a further US$ 200 million of green field investment, and expand Coca-Cola’s production and distribution capacity in Pakistan in Faisalabad and Islamabad region.

The BOI official further said that Coca-Cola has already invested US$ 500 million during this year on the up-gradation of the existing plants in the country. He said that Coca-Cola intends preferably to establish their units at SEZ in Pakistan.

The official said that Pakistan has one of the most liberal foreign investment regimes in South Asia.

Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

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