BOI

BOI

*BOI IN A BID TO ACCELERATE CHINESE FDI IN PAKISTAN*

 

ISLAMABAD:  More than 40 state-owned as well as private sector Chinese companies from diverse sectors participated, physically as well as online, in a four-hour long symposium organized by the Board of Investment, here in Islamabad in BOI, PMU Industrial Cooperation Office. Notable potential and existing Chinese investors participated andappreciated the Board of Investment for the efforts undertaken to organize the event.
The seminar aimed at firming up marketing strategy to lure-in Chinese businesses in
Pakistan with an all-inclusive approach to engage relevant stakeholders in the public and
private sectors alike. It becomes all more relevant for BOI, being the lead agency for
industrial cooperation, to firm up policies related to investment promotion and facilitation
aiming at improving the doing business environment in Pakistan.
This exercise is part of the initiative undertaken by the Prime Minister’s Office which is
closely working on framing an effective strategy for Chinese industrial relocation in Pakistan.
In this regard, the Chairman BOI, Mr. Atif R. Bokhari and Secretary BOI, Ms. Fareena Mazhar,
are personally supervising and collaborating the efforts to engage Chinese investors.
Prominent and leading Chinese entreprises were invited to share their views on improving
the business climate of Pakistan and to make it more conducive for Chinese investment. Also,
it is pertinent to not that devising an all-inclusive marketing strategy will not only facilitate
existing but also promote new Chinese businesses in Pakistan.
The companies expressed keenness and exuberance as they were overwhelmed by the
responsive approach of BOI in registering their experiences in Pakistan. All the business
related issues faced by the Chinese companies were discussed with thread bare details. They
candidly shared their input regarding the required policy interventions.
The spokesperson of the Chinese Embassy in Pakistan Ms. Liu Rui also came up with certain
plausible policy interventions for the consideration of the government agencies in Pakistan.
Speaking on behalf of BOI, the Project Director of CPEC Industrial Cooperation, Mr. Asim
Ayub, thanked the participants for gracing the event and stated that BOI is undertaking
initiatives of high marginal impact to attract meaningful FDI in Pakistan. The Project
Management Unit (PMU-CPEC-ICDP) of the BOI which is exclusively working to facilitate the

Chinese investors in Pakistan will undertake all-out efforts in making it convenient for the
potential and existing Chinese companies to invest and expand their operations in Pakistan.
The Pakistani Missions in China including the TIOs joined in the symposium to give their
feedback while keeping in view their experience of frequent interaction with the Chinese
Investors.
During the previous month, BOI also held detailed consultative sessions with the private and
public sector organizations and associations of Pakistan to deliberate on devising a
mechanism to facilitate Chinese industrial relocation in Pakistan.