Islamabad: 25 June, 2020
Chairman Board of Investment (BOI), Mr. Atif Riaz Bokhari, launched three online portals, Electronic Joint Venture, Branch/Liaison office Management Information System and Special Economic Zones Information Portal, in an online event which was attended by the Secretary BOI, senior officers and other stakeholders including the World Bank, Department for International Development (DFID), PBC, FBR, NTC and PITB.
In his remarks, Mr. Atif Bokhari appreciated the efforts of BOI team, spearheaded by the Secretary,BOI for the drive to digitize all services for the benefit of investors. Mr. Bokhari Highlighted that BOI is one of the leading organizations in the Federal Government, which has been effectively introducing technology-driven innovative solutions in terms of service delivery, with the ultimate objectives of bringing transparency, improving Ease of Doing Business and facilitating Foreign Direct Investment in Pakistan. Chairman BOI also acknowledged the role of all stakeholders for providing support to BOI in developing the online modules.
In his inaugural statement, Secretary BOI, Mr. Omer Rasul, explained the objectives of the launch of new portals, which would help reduce human interaction and facilitate investors in accessing the services from BOI. He added that, following the policy of Federal Government, BOI not only aims to facilitate the investors through digitization of services but also by reducing the timelines for seeking necessary approvals.
The three modules were officially launched by Chairman Board of Investment.
Electronic Joint Venture (EJV) is Pakistan’s first public sector online free Business Match-Making Service, which allows the Businesses to create partnerships Worldwide. It allows the enterprises to enlist their profiles on the website and provide useful information regarding new opportunities for investment. It facilitates companies looking for projects and Joint Venture Partners. The platform gives an opportunity for Business to Business (B2B) as well as Business to Government (B2G) collaboration.
Branch/Liaison Management Information System (BLMIS) is an online application for opening of Branch offices and Liaison offices in Pakistan. This is a continuation of BOI’s success story of Online Work Visa module which has enabled the companies to apply for Work Visa online including payment of Fee and grant of final Visa document. BLMIS is a major milestone to provide world class facilitation to the Investors.
Special Economic Zones Information Portal will help BOI to collect information from the Enterprises and Developers based in the Special Economic Zones. The empirical data will also demonstrate the pace of development work at SEZs, bringing transparency and one window services to the Enterprises and Developers.