Minister of State and Board of Investment (BOI) Chairman Dr Miftah Ismail said on Wednesday that foreign investment was fully protected under the Foreign Private Investment (Promotion and Protection) Act, 1976, and Protection of Economic Reforms Act 1992.
“Laws have also been tailored to safeguard and ensure protection of investments”, he said while talking to Ambassador of France to Pakistan Martine Dorance who visited Board of Investment offices to discuss and explore key areas of investment opportunities available in Pakistan.
The minister highlighted the investment potential and opportunities available for French investors and companies in Pakistan.
Dorance and the BOI chairman also agreed to organise the business and investment forum at Paris, France, in the middle of May, 2016, to highlight investment opportunities in Pakistan.
She further said that French investors and companies were interested to invest in Pakistan specifically in pharmaceutical and many other sectors.
The BOI chairman informed her that Pakistan had dire need of car manufacturing units, due to growing demand of the people.
Dr Ismail also informed the French ambassador that the Board of Investment was planning to organise a one day “Road Show” in Paris during April or May, 2016, as per convenience of finance minister of Pakistan.
At the end, the BOI chairman thanked Dorance, for visiting Board of Investment offices and praised her efforts to boost investment and economic relations between the two friendly countries.
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