Hunting investment: Pakistani embassy looks to lure US investors

WASHINGTON:

The Pakistan Embassy in the United States is engaging Pakistani Americans for their input on incentives that will attract them to invest back home and contribute to foreign exchange.

The embassy is approaching representatives of Pakistani community and holding seminars and meetings to discuss an amended draft “Incentive Package for Overseas and Non-Resident Pakistanis to Invest in Pakistan,” which has been prepared by the Board of Investment in consultation with stakeholders.

The package provides incentives to overseas Pakistanis for making investments in Pakistan. The document will fill gaps in previous policies and raise the confidence of investors. In a meeting, Pakistan’s Ambassador to the United States, Jalil Abbas Jilani, highlighted the salient features of Pakistan’s investment framework. He said, “The government has been able to achieve political stability and order and provide protection to investment.” 

Published in The Express Tribune, March 16^th, 2016.

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