ISLAMABAD:
The Board of Investment (BoI) will organise a two-day investment conference on October 27-28, aiming to attract and promote foreign direct investment in the country.
The conference will be held in the federal capital, where over 300 delegates from different countries as well as from across the country are likely to attend, said BoI Chairman Miftah Ismail.
Addressing a press conference on Friday, he said that Prime Minister Nawaz Sharif will inaugurate the event while chief ministers of Sindh and Punjab would also arrange meetings for the delegates in their respective provinces to highlight investment opportunities.
“Business delegates and investors from China, Korea, Turkey and other parts of the world are likely to attend the conference to find opportunities existing in different sectors of the Pakistani economy.”
The BoI chief said that foreign business delegates would also visit Lahore and Karachi during the second day of the conference where they would be apprised about business opportunities.
Pakistani embassies abroad and all embassies of different countries in Islamabad have been informed about the programme.
Additionally, the BoI will also organise conferences in Europe by the end of this year and line up in the Middle East and Far East to highlight trade and business opportunities in the country next year.
“Pakistan is the only country that offers high rate of returns at an average of 17% of investments in power generation sector and 20% in coal power generation,” he said.
Ismail stated that due to the BoI’s efforts, Ashmore Fund of United Kingdom has also showed interest to invest in the country’s first aluminum beverage cans plant near Islamabad with an expected annual capacity of over 700 million cans.
He said this would help create jobs in the country, delivering substantial cost and operational benefits for customers and helping to drive growth in the beverages sector.
Published in The Express Tribune, September 13th, 2014.
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Aftaab Saheb, But Imran khan and TUQ is adamant on stepping down of the elected PM while army is clear not to obey the civilian government's order ( army general has already clarified that army will not arrest the protesters even if violent methods are used by the protesters) Sir, excellent timing and atmosphere for wooing/ impressing the foreign investors.!!!
Looking forward for the Conference .... Great effort by Dr.Miftah !