Islamabad: Prime Minister Shehbaz Sharif has instructed authorities to accelerate the establishment of Business Facilitation Centres nationwide to enhance the business climate and attract foreign investments. The directive came during a review meeting on December 20, focusing on Board of Investment (BoI) projects.
During a high-level meeting on Board of Investment (BoI) projects, the PM emphasised the need for regulatory reforms and effective marketing of Pakistan’s investment potential. He urged the development of a robust roadmap for finalising B2B agreements with international investors and implementing signed MoUs efficiently.
The meeting highlighted key developments, including the completion of a Geographic Information System (GIS) survey of 35 Special Economic Zones (SEZs), providing comprehensive data to accelerate ongoing projects. An 18-point plan has also been formulated to enhance SEZ operations.
Officials informed the PM that over 200 B2B agreements have been secured with Chinese companies, accompanied by MoUs worth USD 70 million. Proposals for the Ease of Doing Business Act 2024 were presented, aiming to empower the BoI to modernise Pakistan’s regulatory framework.
As a graduate in English Literature, Zohaib believes that words are not just a mere figment of imagination. It takes wisdom to be good at them. Following this reason, he is pursuing his career as Public Relations and Content Specialist at Zameen.com.
