BOI committed to reviving confidence of foreign investors

 

The Board of Investment (BOI) is fully committed to reviving the confidence of foreign businessmen to boost foreign investment in the country.

Due to prudent economic policies of the government, Pakistan would soon be transformed into an investment hub of regional and global trade, said a senior official of the Board of Investment here on Friday.

He said the China-Pakistan Economic Corridor (CPEC) would 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. He said the CPEC would 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 the BOI has established Special Economic Zone (SEZ) cell to facilitate the stakeholders on matters relating to CPEC.

The cell has been furnished on the contemporary corporate style and will be equipped with state-of-art facilities. Coca-Cola, he said, was presently contemplating a further $200 million of green field investment, and was expanding Coca-Cola’s production and distribution capacity in Faisalabad and Islamabad region.

The company has already invested $500 million during this year on the up-gradation of the existing plants in the country. He further said that Coca-Cola intended preferably to establish their units at Special Economic Zones (SEZs) in Pakistan. The official said that Pakistan has one of the most liberal foreign investment regimes in South Asia.

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