Computer services exports advance from $460.5 million to $514.5 million
ISLAMABAD - Pakistan’s exports of telecommunication, computer and information services have increased to US $ 708.920 million, registering 2.15 per cent growth in first eight months of current fiscal year. The earning made through these exports during the corresponding period of fiscal year 2017-18 was US $ 520.043 million, Pakistan Bureau of Statistics (PBS) reported.
ISLAMABAD: The World Bank has released ‘Governance Notes on Pakistan Customs (PC)’ on Monday highlighting three key reforms including enhancement of risk management system (RMS), improving pre- and post-clearance facilities and broadening tax base to enable PC build on its relatively strong base of goods and revenue control capabilities.
Observer Report
Islamabad
MEDEF International Business Delegation comprising 32 businessmen from 21 companies visited Pakistan. The delegation represented companies like Total, Agricole Bank, Dassault Systemes, Archetype Group, Deltacom, Gemalto, Semmaris, JC Decaux etc. Board of Investment prepared a comprehensive program for delegation i.e. call on the honorable President and Prime Minister of Pakistan as well as Ministers for Finance, Power, Petroleum and Food Security and visits to Lahore and Karachi where B2B meetings with Private Sector were arranged.
Qatari Business Delegation comprising 08 experts of QIA, and Nebras Power, headed by Sheikh Faisal bin Thani Al Thani, Head of Regional Port Folios, QIA visited Pakistan from 01-03 April, 2019.
The Board of Investment held an investment conference in Doha, Qatar in collaboration with Qatar Financial Centre. Adviser on Commerce, Industries & Production and Investment and Chairman, BoI attended the event. 30 Businessmen from Pakistan’s aviation, tourism, energy, hospitality and food sectors attended the Investment Forum as well as B2B meetings.
Special Economic Zones Act 2012 was promulgated to encourage, promote and enhance industrial base in the country. The purpose was to facilitate domestic and foreign investors to invest in manufacturing sector of Pakistan offering them special exemptions and incentive leading to reduced cost of doing business with efficient infrastructure. Government is embarking on Special Economic Zones as a tool for attracting investment to revive and diversify the manufacturing and exports.
The Board of Investment held an investment conference at Islamabad during the visit of the Crown Prince of Kingdom of Saudi Arabia H.R.H Muhammad Bin Salman to Pakistan. Around 50 Businessmen from Pakistan and 22 businessmen from Saudi Arabia attended the B2B event.