BOI seeks private sector investment

Haroon Sharif has called on the private sector to partner with the government in CPEC

ISLAMABAD: Haroon Sharif, Chairman-designate of the Board of Investment (BOI), has called on the private sector to partner with the government in CPEC and tap all possible opportunities of joint ventures and investment in this mega development project. He said this while speaking at a seminar titled “Emerging Pakistan under CPEC policy framework”, organised by the Islamabad Chamber of Commerce and Industry (ICCI). Sharif said the government would provide level-playing field for local and foreign investors under CPEC. Investment-to-GDP ratio in Pakistan was less than 15% and it needed to be doubled to accelerate economic growth, he said and stressed that the private sector should play enhanced role in economic development of the country. Speaking on the occasion, ICCI President Sheikh Amir Waheed said the ICCI had set up a CPEC facilitation cell that required close cooperation of the BOI to facilitate private sector in forming joint ventures and making investment under CPEC.

Published in The Express Tribune, September 28^th, 2018.

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