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Chairman BoI lures Japanese investors

February 27, 2018

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ISLAMABAD: Minister of State and Chairman Board of Investment Naeem Y. Zamindar on a visit to Japan called on the investors there to exploit the rising investment opportunities in Pakistan.

Addressing a special meeting of the Keidanren on emerging business and investment opportunities in Pakistan, Mr Zamindar said that country’s location on the cusp of important economic regions, young population and skilled labour force supported by rapidly growing technology infrastructure, makes it an attractive destination for investments.

Keidanren is the premier institution representing business and industry in Japan.

Speaking to the members of the Keidanren committee on South Asia, Zamindar promised BOI’s commitment to facilitate Japanese investors.

The Chairman BOI noted that government was resolute to make Pakistan a business-friendly country and said foreign investment is protected by rigorous laws and FDI regulations allow full repatriation of capital and profits in almost all cases.

He identified energy, solar panels, electronics, auto, textile, chemicals and plastics and potential areas for Japanese investors and said through facilitation and incentive measures, Japanese companies will find Pakistan a hospitable investment destination.

Earlier, the head of Suzuki Corporation operations Kinji Saito and Sojitz Corporation and Itabashi COO Hiroto Murai also called upon Zamindar and discussed their future investment plans in Pakistan.

Published in Dawn, February 27th, 2018