• ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has abolished a requirement for banks to obtain separate license for distributing mutual funds and private pension funds to Roshan Digital Accounts (RDAs) to ease investment opportunities for overseas Pakistanis, a statement said on Wednesday.

    “This relaxation has been granted to facilitate overseas Pakistanis to invest in mutual funds and private pension funds managed by Asset Management Companies (AMCs).” SECP stated. It comes as part of the commission’s efforts to increase investor-base in Pakistan’s capital markets by enabling investments through RDAs, it added.

  • A veteran group of Chinese investors and business tycoons have expressed its intention to set up factories in various sectors and large-scale industrial units in Khyber Pakhtunkhwa to revive industries.

    The group has requested the provincial government to co-operate in the processing of Codal formalities in this regard. The group is already making diversified investments in various parts of Pakistan.

  • LAHORE: Pakistan accords top priority to the development of Special Economic Zones (SEZs) under the China-Pakistan Economic Corridor, Board of Investment (BoI) Chairman and State Minister Muhammad Azfar Ahsan said on Tuesday.

    The development work on all SEZs is under way fast and three of the total nine SEZs, including Allama Iqbal Industrial City SEZ in Punjab, Rashakai SEZ in Khyber Pakhtunkhwa and Dhabeji SEZ in Sindh, will be completed soon, he said while speaking at the CPEC Industrial Cooperation B2B Investment Conference.

  • ISLAMABAD - Special Assistant to Prime Minister on China Pakistan Economic Corridor (CPEC) Khalid Mansoor said that government is now focusing on the second phase of CPEC, which will be all about expansion and development.

    He spoke about the way forward on the process of industrialization in Pakistan under CPEC. He added that during this phase the four Special Economic Zones (SEZs) are being focused with special attention given to textiles, IT, automobiles, pharmaceuticals and renewable energy. He also apprised on the recent improvements introduced in legal regime to facilitate investors by BOI & CPEC authority in regards to one window operations.

  • BOI chairman invites foreign businessmen to invest in diverse sectors of Pakistan

    LAHORE:
    The scope of industrial cooperation under the China-Pakistan Economic Corridor (CPEC) is all-inclusive and open to third-party participation, underlined Board of Investment (BOI) Chairman Muhammad Azfar Ahsan.

    Speaking at the CPEC Industrial Cooperation B2B Investment Conference on Tuesday, the chairman invited businessmen from across the globe, particularly from China, to invest in diverse sectors of Pakistan’s economy. “Pakistan has a liberal investment regime,” he remarked.

  • ISLAMABAD, Dec 22 (APP): Prime Minister Imran Khan on Wednesday stressed upon the overseas Pakistani physicians to invest heavily for the provision of quality healthcare system in Pakistan.

    The prime minister also directed to establish a dedicated desk at the Board of Investment (BOI) to facilitate all overseas physicians who intended to invest in Pakistan’s healthcare sector.

  • Prime Minister Imran Khan directed authorities concerned to take all possible measures to facilitate potential investors in the IT sector.

    Chairing the meeting of the Board of Governors of Special Technology Zones Authority (STZA) in Islamabad on Wednesday, the premier said the government was focused on exploiting the full potential of exports in the technology sector.

  • On 14 December 2021, addressing the Margalla Dialogue Forum 2021 on “Foreign Policy Challenges of Future in changing Geo-political Landscape”, a debate organized by the Islamabad Policy Research Institute (IPRI), Pakistan’s Foreign Minister Shah Mahmood Qureshi said, “Indeed, we live in times of uncertainty. The world order seems to be in a state of severe stress and disarray. In these times, foreign policy and geo-politics is largely linked to geo-economics. I have consistently maintained, from here on, that the economy is in many ways our strategic compass with a dominant presence as a priority of foreign policy.”

  • ISLAMABAD, Pakistan: The Chairman Ericsson Ekow Nelson has said that Ericsson wants expansion and diversification in Pakistan.

    “We are committed to bring investment and best technology in Pakistan,” Ekow Nelson said when he along with a delegation of Ericsson Pakistan Pvt Ltd met the Federal Minister for IT and Telecommunication Syed Amin Ul Haque in Islamabad on Wednesday.

    The Secretary IT Dr. Sohail Rajput and Senior Officers of the Ministry were also present.

  • ISLAMABAD, December 21: An MoU between HBL and China Machinery Engineering Cooperation (CMEC) on Agricultural Cooperation was signed towards the end of the CPEC Industrial Cooperation B2B Investment Conference in Lahore on December 21st.