CPEC, JVs and issuance of business visas main focus of newly established e-kachehry: Federal Secretary BOI

Faree

Islamabad: Federal Secretary Board of Investment (BOI) Fareena Mazhar has said that the China-Pakistan Economic Corridor (CPEC), Joint Ventures (JVs), issuance of business visas were the main focus of the newly established e-kachehry (public consultation).

“Export Processing Zones, taxation, are the other main areas of focus for the e-kachehry,” she maintained while addressing at the fifth e-kachehry via zoom and telephone as regular public outreach activity at the BOI as per instructions of the Prime Minister’s office.

She termed the e-kachehry an effective tool in cementing ties between the government machinery and the general public. “The e-kachehry is a major instrument to reach out to the public and offer on-spot solutions to their problems and concerns,” she remarked.

She also apprised the participants on recent achievements of BOI in context of investment facilitation and informed them about the recently launched Asaan Karobar (easy business) program, launched by President Dr Arif Alvi on March 18 to reduce compliance burden on businesses and facilitate Small and Medium Enterprises (SMEs).

“Through this platform, several investors and members of the business fraternity reached out to the BOI with their queries regarding investment opportunities in Pakistan and put forward recommendations to overcome challenges pertaining to doing business in the country,” she contended.

She mentioned that the government encourages investment in the CPEC Special Economic Zones (SEZs) and was ready to satisfy the investors who had questions.

The participants were appreciative of the BOI team for facilitating investors in Pakistan and creating a conducive business environment in the country.

During the session, a few complaints and queries pertaining to other departments were also raised which will be taken up by the BOI with the concerned departments to ensure timely complaint resolution. The session continued for two hours and was a successful feat in regards to public outreach.

The Secretary encouraged investors to share their project proposals and observations with the Board for further coordination on matters of importance.