FPCCI for supporting foreign investment

ISLAMABAD (APP) - The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) here on Friday expressed its resolve to make and support efforts to enhance foreign as well as domestic investment in the country. Chairman FPCCI Capital Office, Hameed Akhtar Chadda, while talking to Chairman Board of Investment (BoI) Saleem H. Mandviwala said that foreign investment has a very important role in development of a nation. The apex chamber would continue support and make efforts to enhance foreign as well as domestic investment for the socio-economic development of the country. The FPCCI delegation expressed its satisfaction on the functioning of Board of Investment. Malik Sohail said that economy cannot sustain itself in absence of foreign investment adding that recent downturn in the West should be seen as an opportunity in Pakistan. Speaking on the occasion, Chairman BoI Saleem H. Mandviwala assured full cooperation and said that he focused on bringing in investments so that country could become self-sustainable. He said that no country can progress unless the private sector plays due role and present soft image of the country. We are in process of making a new strategy to attract investments from abroad, Mandviwala said. He said that all foreign delegations would be asked to meet officials concerned and members of FPCCI, which would have a positive impact on growth rate and boost exports to a satisfactory level.

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