Chinese investment sought in energy, agri, other sectors

ISLAMABAD: Board of Investment (BOI) Tuesday invited Chinese businessmen to invest in energy, agriculture, construction and other sectors, as Pakistan was committed to improving business climate to further promote both domestic and foreign investment.

In this connection Sun Yunxiang, President, Shandong Jinzheng Yang Group from China alongwith 9-member Chinese delegation visited Board of Investment and met with Iftikhar Babar, Secretary, BOI.

The Secretary, BOI welcomed the Chinese investors to invest in Pakistan in all sectors of the economy especially in power, energy, construction, agriculture and other sectors of economy.

The Secretary, BOI informed that the Government of Pakistan is committed to improving the business climate in the country in order to promote both domestic and foreign investment.

This commitment, he said, was reflected in the Plan for Business Climate Improvement, developed by the Board of Investment (BOI) in consultation with other stakeholders, which stipulates targeted interventions under different areas of the business regulatory environment.

Sohail Ahmed Khan, Director General gave a detailed presentation focusing on investment climate and investment opportunities available in Pakistan which was highly appreciated by the delegation.

Sun Yunxiang on the occasion shown keen interest in housing real estate and mines and minerals sectors of Pakistan.

Company thanked BOI for cooperation and facilitation within short notice of one hour.

He also informed about company’s future investment plans for investment in Pakistan. Iftikhar Babar, Secretary, BOI thanked Sun Yunxiang and his delegation, and appreciated their efforts and intention with regard to boosting investment and economic relations between the two countries.

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