Board of Investment, Federation of Pakistan Chambers of Commerce and Industry to hold conference in China

ISLAMABAD: Chairman Board of Investment (BoI) Saleem H Mandviwalla has said that the representation of trade and industry in investment promotion forums should be enhanced—and in this regard the Board, in collaboration with Federation of Pakistan Chambers of Commerce Industry (FPCCI), will hold a trade & investment conference in China during September 2011.

He expressed his views during a meeting with Chairman FPCCI Standing Committee Malik Sohail at Islamabad on Wednesday.

Chairman FPCCI Standing Committee Malik Sohail said that “our cordial relations could be further strengthened in the form of increased trade and investment in the country and this is a highly welcome development, which we may exploit / utilize to our maximise advantage.”

Chairman BoI praised the amplification in bilateral trade over the past few years but remarked that it was far below the real potential and the GoP needs to formulate an effective strategy to address concerns of the foreign traders & investors if “we want to bring about a paradigm shift in attracting businesses to Pakistan.”

Chairman BoI announced that the Board and FPCCI are holding a trade & investment conference in China during September 2011 and it would prove to be a useful instrument for BoI & FPCCI, as it reflects the views of a vast business community. This conference is organised for the businessmen seeking lucrative investment opportunities in power, textile, home textile, leather & leather products, construction & infrastructure, mineral development, sports, shipping, auto manufacturing, dairy, agriculture and food processing chain stores etc.

He further elaborated that the event will provide an excellent opportunity to businessmen / investors to interact with each other and get firsthand information on joint venture business / investment opportunities in various sectors of the economy. The CEOs/businessmen of the leading Chinese/Pakistani companies are participating from various sectors. A business-to-business (B2B) interaction with Chinese investors will hopefully allow the initiation of joint ventures in trade and investment of different sectors.

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