BOI to hold road shows in China, Germany

An effort to stimulate foreign direct investment (FDI) flow into the country

PHOTO: EXPRESS

ISLAMABAD:
The government will hold road shows in China, Germany and other major economies in coming months in an effort to stimulate foreign direct investment (FDI) flow into the country, the Board of Investment (BOI) announced on Friday.

Under the new work plan, BOI will organise road shows in collaboration with different chambers of commerce and All Pakistan Textile Mills Association (Aptma) for focusing on textile and steel industries, said BOI spokesman Shah Jahan while talking to APP.

"We are mainly focused on achieving the FDI target of $15 billion by 2025," he said.


He expected huge foreign investment in the automobile sector from different groups because of prudent policies, believing foreign investors were keen to invest in Pakistan. "The government is committed to offering ease of doing business to foreign investors and also global competitiveness to multinational companies," Shah Jahan added.

Published in The Express Tribune, April 22nd, 2017.

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