Islamabad - Pakistan is committed to provide an investment friendly regime to investors by offering lucrative fiscal incentives and conducive business environment to foreign investors.
This was stated by Secretary Board of Investment (BoI) Iftikhar Babar during a meeting with a 15 member Chinese delegation of XINJIANG Production and Construction Corporation (XPCC) who visited BOI here on Tuesday.
The Secretary, BOI welcomed the Chinese investors to invest in Pakistan in all sectors of the economy especially in Power, Energy, bridges and Roads Construction etc. The Secretary, said that China and Pakistan have entered into a comprehensive plan of China-Pakistan Economic Corridor.
Pakistan-China trade and economic relations have a great scope for expansion. Pakistan and China as strategic partners have been cooperating in various fields of mutual interest. The recent visit of the Chinese President will further cement the existing relations and open new avenues for cooperation, he added. He said all these strengths offer Chinese investors and business community unlimited business opportunities.
Xu Weihua, Deputy Commissioner M/s XPCC thanked BOI for cooperation and briefing regarding the investment opportunities available in Pakistan. M/s XPCC holding company in Pakistan, principally engaged in the construction of roads, bridges and tunnel projects.
Xu Weihua shows keen interest in different investment opportunities in Pakistan, specifically the investment potential available in Gawadar. The Secretary, at the end said that BOI being the apex body of the Government of Pakistan for investment promotion and facilitation to foreign investors, assure them full support as and when needed. Iftikhar Babar, Secretary, BOI thanked the Chinese delegation and appreciated their efforts and intention with regard to boost investment and economic relations between the two countries. Earlier, Sohail Ahmed Khan, DG, BOI gave a detailed presentation focusing on investment climate and investment opportunities available in Pakistan.