18-member delegation from International Council for Promotion of Multinational Corporation of China visits Board of Investment

Islamabad, November 11, 2015 (PPI-OT): Mr. Rui Bing, Chairman and Mr. Song Wei Dong, Secretary General of International Council for Promotion of Multinational Corporation of China along with 18-member delegation visited BOI and met with Mr. Iftikhar Babar, Secretary, Board of Investment to explore the investment opportunities available in different sectors of Pakistan. Senator Mr. Muhammad Talha Mahmood also participated in the meeting. Secretary, Board of Investment, Mr. Iftikhar Babar, highlighted the investment policy and incentives available in Pakistan.

He said that The China Pakistan Economic Corridor is of huge significance, it runs through one of the most important and vital geostrategic locations in South Asia. The China Pakistan Economic Corridor shown a good fortune for the region. It promises to boost Pakistan’s economy and provide employment and business opportunities for locals, foreign investors can be attracted to invest along the long route of the corridor.

Mr. Iftikhar Babar further said that Board of Investment is mandated to promote FDI and provide facilitation to foreign / local investors and provide one window facilitation etc. China being the best friend of Pakistan can help and make investment in the all the sectors of economy of Pakistan.

Mr. Rui Bing, Chairman thanked BOI for cooperation and briefing regarding the investment opportunities available in Pakistan. The purpose of Chinese companies visit to Pakistan is to investigate Pakistan’s investment opportunities facilities/incentives etc.

Mr. Iftikhar Babar, Secretary, BOI said that BOI being the apex body of the Government of Pakistan for investment promotion and facilitation to foreign investors, assure them full support as and when needed. At the end Secretary BOI thanked the Chinese delegation and appreciated their efforts and intention with regard to boost investment and economic relations between the two friendly countries.

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