BOI, SECP integrate regulators

Minister praised the initiative as a landmark step in Pakistan's digitisation process

ISLAMABAD:

The Board of Investment (BOI), Prime Minister's Office, has signed MoUs to integrate federal and provincial regulators with the Securities and Exchange Commission of Pakistan (SECP) eService Portal. The ceremony was chaired by Minister for Investment Qaiser Ahmed Sheikh.

According to an official statement, MoUs were signed with NEPRA, PEMRA, SNGPL, DRAP, IESCO, PITC and PRA. Integration of PRAL and the Sindh Revenue Board will follow in the next phase.

Director General BOI Mahmood Tufail said a survey identified 16 agencies for integration. All will eventually be connected to the Pakistan Business Portal, a World Bank-funded single-window platform. He reiterated BOI's commitment to regulatory reform and investor facilitation.

The minister praised the initiative as a landmark step in Pakistan's digitisation process. He said integration will reduce inefficiencies, eliminate duplication and ensure transparency. He stressed that a business-friendly environment is key to competing for regional investment.

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