Pakistan's investment opportunities in China discussed

Karachi, May 12, 2011 (PPI): Tariq Sayeed, former President FPCCI and Vice President, Confederation of Pacific Chamber of Commerce & Industry (CACCI) met Chairman BOI, Saleem H. Mandviwalla at BOI Karachi office and discussed his upcoming visit to China and possibility of marketing Pakistan’s investment potential/opportunities.

Tariq Sayeed said that in order to attract investment from China they need to market investment potential of Pakistan among Chinese potential investors. He told he was regular participant of some events/exhibitions in China wherein he has also taken Pakistani businessmen for marketing their industrial products.

Saleem H. Mandviwalla briefed about the various activities being undertaken at BOI and discussed details of his recent visits to foreign countries and activities held there.

Discussion with regard to investment policies and incentives to investors in Pakistan in comparison to regional countries was also held. Chairman BOI briefed that BOI has restructured its website and data with respect to project/sector profiles which are available on it and can be downloaded and offered to Chinese investors for their possible investment in Pakistan.

It was decided that Project/Sector profiles would be downloaded and would be offered to Chinese Businessmen by Tariq Sayeed during his upcoming visit to China. Further data would be sent to Tariq Sayeed on availability of land, labour cost, utilities’ availability in Pakistan etc. Close coordination would be maintained in future with respect to formation of delegations from Pakistan to foreign countries.