Tag: Investment

ISLAMABAD - Pakistan and Thailand have agreed to promote bilateral investment as part of the overall effort to strengthen bilateral trade and economic relations. This was agreed during the meeting between Secretary General of Thailand's Board of Investment (BOI) Dr Atchaka Sibunruang and a delegation led by Pakistan's Ambassador to Thailand Sohail Mahmood.
The group included members of the Thai-Pakistan Chamber of Commerce (TPCC). The purpose of the meeting was to review the

PESHAWAR - Khyber Pakhtunkhwa (KP) Chief Minister Amir Haider Khan Hoti has invited the Iranian government and entrepreneurs for investing in the province, saying "stimulating the economic activities can help them eradicate terrorism and militancy."
He was addressing a ceremony arranged by Peshawar based Consulate General of Islamic Republic of Iran and chaired by a senior journalist Amir Mohibyan the other day in connection with 32nd anniversary of the Islamic Revolution. He

ISLAMABAD - A seminar, jointly organised by the Board of Investment (BOI) and Malaysian Industrial Development Authority (MIDA) of Malaysia on investment opportunities in Pakistan, will be held in Kuala Lumpur on March 31, 2011, which has been in the works for several months.
This was indicated by High Commissioner for Pakistan in Malaysia Masood Khalid during a meeting with the Editorial Management team of the News Straits Times Press (NSTP) at their office in Kuala Lumpur,

KARACHI - Sindh Chief Minister Syed Qaim Ali Shah, presided over the third meeting of Sindh Board of Investment (SBI), an official statement notified. Speaking on the occasion, the chief minister stressed the need to extend incentives and facilities to attract the greatest number of investors to invest in various projects in Sindh province.
He said that there is vast scope for investment in various sectors particularly in coal mining, power generation, wind energy, trade

LAHORE - Punjab will be transformed into an investment hub, providing a conducive and investment friendly environment. Investors from China, Turkey, Iran and Dubai have already showed interest to invest in Punjab.
This was stated by the Punjab Minister for Industries Dost Muhammad Khosa, while addressing a meeting at the Punjab Small Industries Corporation (PSIC) after taking charge of the provincial ministry here on Saturday.
He said that Punjab chief minister was

KARACHI - Provincial Adviser to Sindh Chief Minister on Information Sharmila Faruqui has said that Sindh Board of Investment (SBI) has proposed the formation of Sindh Agro Processing Investment Board (SAPIB) that will provide a host of services to businesses. Support will include activities such as entrepreneur development programme, management support, technical support as well as marketing and procurement assistance.
She revealed this while speaking to a delegation of a traders

KARACHI - The National Water Engineering (NWE), through the Kyoto protocol, has lined up several foreign environmental investment companies that are willing to invest $2 billion to develop small to large sewage treatment plants in Pakistan.
The NWE is the only accredited sewage treatment technology provider in the country.
"The company has been granted approval from several foreign environmental investment companies to develop small to mega treatment plants in Pakistan,"

KARACHI - The National Water Engineering (NWE), through the Kyoto protocol, has lined up several foreign environmental investment companies that are willing to invest $2 billion to develop small to large sewage treatment plants in Pakistan.
The NWE is the only accredited sewage treatment technology provider in the country.
"The company has been granted approval from several foreign environmental investment companies to develop small to mega treatment plants in Pakistan,"

KARACHI - A healthy correction of around 121 points during the initial two trading sessions of the week provided the much needed boost to the bull in its ascent. During the preceding three trading days benchmark index gradually gathered pace and exhibited a bullish trend.
The market momentum was backed by established foreign investors who aggressively invested in the market. On Thursday, investment of around $11.76 million was conducted which pushed the benchmark index up by 178

KARACHI - The flow of foreign investment in the "instable" Pakistan has declined by 15.4 percent to $1.05 billion during the first half of the current fiscal year, Pakistan Today learnt on Friday.
According to the State Bank of Pakistan (SBP), the net inflow of foreign investment in during July-December 2010-11 stood at $1.05 billion against $1.24 billion in the corresponding period last year, registering a dip of $191 million on a year-on-year basis.
Analysts see

LAHORE - The facility of online investment for overseas Pakistanis in the National Savings will boost the inflow of foreign exchange to the country. National Savings Director General Zafar M.Sheikh said that a website is being launched to facilitate overseas Pakistanis for online investment in National Savings from all corners of the world.
This initiative, he said would certainly attract overseas Pakistani workers to directly invest their savings in Pakistan, as a result the

ISLAMABAD - The Islamabad Chamber of Commerce and Industry (ICCI) said that special emphasis would be placed on identifying barriers that discourage investment in Pakistan while onus should be placed upon domestic investment in a concerted effort to drive economy out of recession.
"Domestic investment is one of the major determinants in sustainable long-term economic growth but Pakistan's domestic challenges are driving investors away," ICCI President Mahfooz Elahi said while

ISLAMABAD - The Board of Investment (BOI) Chairman Saleem Mindiviwalla has said that Pakistan's investment policies are amicable and better than neighbouring countries including India. "Our policies are liberal and perfect but the issue is their implementation. We register companies on fast track basis", Saleem Mindiviwalla said in an interview.
He stated that the primary purpose of the BOI was to raise investment related matters, not dealt conventionally, in the board. He added

ISLAMABAD - The business community has stressed the need for utilising the country's huge labour force by introducing it to Chinese markets, attracting investments into the country by offering low labour wages.
"As compared to China, labour wages in Pakistan are low and we have an opportunity to utilise our labour force in Chinese markets to generate foreign exchange," Vice President of SAARC Chamber of Commerce and Industry and former FPCCI President Iftikhar Ali Malik told the

KARACHI - Balochistan Economic Forum President Sardar Shoukat AK Popalzai in an exclusive interview to Pakistan Today highlighted the initiatives and achievements of his young but assertive organisation.
The Balochistan Economic Forum (BEF) is expected to garner an investment of $130.5 million in Balochistan from Australia, Holland, China, and Poland in the fields of agriculture, fruit farming, and coal processing in the course of next year. He added that the forum's

ISLAMABAD - Finance Minister Dr Abdul Hafeez Shaikh said on Saturday that Pakistan offered one of the most liberal and investment friendly policies in the world and Chinese investors should actively benefit from it.
Speaking at the Pakistan China Business Cooperation summit, he expressed his hope that the interaction between the business communities of the two countries would help expand bilateral relations, especially in the field of trade and investment.
He went on to say

LAHORE: Pakistan offers plenty of opportunities for Chinese investment in all sectors. Lahore Chamber of Commerce and Industry President Shahzad Ali Malik and SAARC Chamber of Commerce and Industry Vice President Iftikhar Ali Malik said in a join statement on Thursday. They said Pakistan provided significant possibilities for Chinese and other foreign investors. ""Pakistan will achieve sustained growth in key sectors, including increase in per capita income and improvement in