• ISLAMABAD: Ericsson, global telecom giant,has invested US $31 million (Rs5.52 billion) foreign direct investment in Pakistan, says a press release issued on Saturday.

    In a meeting with Federal Minister for IT & Telecom, Fadi Pharaon Head of Middle East & Africa Ericsson, Ekow Nelson Head of Customer Unit Etisalat & Pakistan & country Manager Pakistan Aamir Ahsan Khan mentioned that Ericsson is keen in regaining the radio foot print in the strategic market like Pakistan.

  • ISLAMABAD, Pakistan: The Ambassador of the Kingdom of Netherlands to Pakistan William Wouter Plomp accompanied by representatives from the Embassy of Netherlands met the Minister of State & Chairman Board of Investment (BOI) Muhammad Azfar Ahsan and the Secretary BOI Ms. Fareena Mazhar in Islamabad on Thursday.

    The BOI leadership sensitized the ambassador about Pakistan’s liberal investment regime and the incumbent government’s commitment towards investment promotion.

  • ISLAMABAD: Adviser to PM on Commerce and Investment Razak Dawood on Thursday appreciated the regulatory reforms introduced for facilitation of SMEs under Board of Investment (BOI) led regulatory reforms and guillotine initiative.

    He was chairing the sixth steering committee meeting on Pakistan Regulatory Modernization Initiative (PRMI).

  • ISLAMABAD - Federal Minister for Information and Broadcasting Fawad Chaudhry on Wednesday visited Board of Investment and met the Minister of State and Chairman Muhammad Azfar Ahsan and Secretary BOI Ms Fareena Mazhar.

    The information minister was briefed about reforms and initiatives introduced by the Board of Investment to create a conducive business environment in the country.

  • 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

    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.