Pakistan Board of Investment, in partnership with the International Finance Corporation and World Bank, and with the support from the United Kingdom government’s Prosperity Fund, launched a project to revive Pakistan’s global appeal as an attractive location for both local and foreign investment. The Pakistan Investment Climate Project aims to boost the country’s investment competitiveness. The project will support BOI to improve Pakistan’s investment policy and promotion strategy. It will also contribute to streamlining business regulation and creating opportunities for meaningful linkages between foreign and local firms in key sectors.
Chairman BOI, Mr. Naeem Zamindar, spoke at length about how Pakistan’s economy stands at a crucial vantage point with the potential to grow at the rate over 9% , technology building momentum to lift the nation towards prosperity. For this, Pakistan must attract new investment which will help the country create jobs for its youth, as 65 percent of young and growing population and its aspiration.