ISLAMABAD: Caretaker Prime Minister Justice (r) Nasir-ul-Mulk has stressed the need for strong coordination amongst government bodies to provide maximum facilities to businessmen for making investments in the country.
Chairing a briefing on the Board of Investment (BoI) here at the PM’s Office on Tuesday, Justice (r) Nasir-ul-Mulk called for strong liaison among the federal and provincial governments, ministries, foreign missions, and other stakeholders to remove bottlenecks in the steady growth of investments.
The briefing was attended by Minister for Finance Dr Shamshad Akhtar, Secretary Finance Arif Ahmed Khan, FBR Chairman Rukhsana Yasmin, BOI Secretary Muhammad Jehanzeb Khan, Additional Secretary to Prime Minister Dr Kazim Niaz and other senior government officials.
The Prime Minister appreciated the efforts of the Board of Investment (BOI) towards facilitating businesses and attracting investments in various sectors of the economy.
Secretary BOI Muhammad Jehanzeb Khan briefed the Prime minister about the role of the organisation in the promotion of local as well as foreign investment in the country, facilitation of the business community, improvement of legislative, regulatory and policy framework to attract investments.
He also highlighted facilitating businesses to flourish, working to improve ease of doing business and serving as a lead agency for furthering industrial cooperation under the China-Pakistan Economic Corridor (CPEC) projects.
Outlining various initiatives taken to promote investment in the country, the Secretary highlighted wide-ranging financial incentives and liberal policy regime that has been put in place to make the country an attractive destination for local as well as foreign potential investors in all sectors of the economy.
He said efforts were afoot to address some issues that hampered the steady growth of investment in the past and to restore the confidence of the business community.
The Secretary also briefed the Prime Minister about the steps taken for improvement of ease of doing business in the country. Progress on the establishment of Special Economic Zones (SEZs) in the CPEC was also reviewed.
