BOI launches e-portals to facilitate local, foreign investors

ISLAMABAD: The Board of Investment (BOI) on Thursday launched three online portals including Electronic Joint Venture (EJV), Branch Liaison Management Information System (BLMIS) and Special Economic Zones (SEZs) Information Portal to digitise all services for the benefit of investors.

The three portals were launched by the BOI Chairman Atif Riaz Bokhari during an online event which was attended by the BOI Secretary Omer Rasul, senior officers and other stakeholders including representatives from the World Bank, Department for International Development (DFID), Pakistan Business Council (PBC), Federal Board of Revenue (FBR), National Technology Council (NTC) and Punjab Information Technology Board (PITB), said a press release.

The BOI chairman highlighted that BOI was one of the leading organisations in the federal government, which had 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 (FDI) in Pakistan.

The BOI chairman also acknowledged the role of all stakeholders in providing support to BOI for the development of the online modules.

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BOI Secretary Omer Rasul explained that the objective behind the launch of the new portals is to help reduce human interaction and facilitate investors to access BOI’s services.

He added that, following the policy of the federal government, BOI not only aimed to facilitate the investors through digitisation of services but also by reducing the timelines for seeking necessary approvals.

The Electronic Joint Venture (EJV) portal is Pakistan’s first public sector online free business match-making service, which allows businesses to create partnerships worldwide.

The portal allows enterprises to enlist their profiles on the website and provide useful information regarding new opportunities for investment.

Similarly, Branch Liaison Management Information System (BLMIS) is an online application to aid the opening of branch offices and liaison offices in Pakistan.

The application is a continuation of BOI’s Online Work Visa module which has enabled companies to apply for work visas online including payment of fee and grant of final visa documents, he added.

Moreover, the Special Economic Zones Information Portal will help BOI to collect information from the enterprises and developers based in SEZs.

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