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Board of Investment
Government of Pakistan

The Vision

Promoting domestic and foreign investment to enhance Pakistan's international competitiveness and contribute to economic and social development

::. The Mission

To implement Policy:

 

Simplify procedures to attract investment

To Promote investment for profits:

 

Promotion (proactive, cost effective and responsive)

 

Facilitation (account executives to provide customized assistance to investors)

To coordinate for success:

 

Build linkages amongst provinces, private & public investors and overseas missions.

 

FACILITATION SERVICES

A key role of the BOI is to provide services to investors to assist them set up or expand their businesses in Pakistan.

BOI officers have access to an investor road map that helps them provide investors with the relevant information needed to set up a company. The appropriate forms are also available at BOI offices.

Investors looking for potential domestic or foreign joint venture partners can contact by email.

If investors have problems arising out of a federal government agency's interpretation of a law or regulation, a senior BOI executive can take the issue up with the concerned agency. If satisfactory progress is not made, the matter can be referred to the  Cabinet Committee on Investment and / Governing Body of BOI, Headed by the  Prime Minister of Pakistan.

Similarly, any problems that arise out of a provincial agency's interpretation of a law or regulation can be taken up initially with the concerned provincial agency and, if necessary, the Provincial Investment Committee. In the event that the BOI considers the response is unsatisfactory, the matter can also be referred to the Cabinet Committee on Investment and / to the Governing Body of BOI.

The front office of the BOI, the Investor Facilitation Centre, is equipped to provide most of the information. Their efforts are supported by the specialist staff in BOI who can help individual investors make contact with other investors and organisations, identify suitable markets and industrial zone facilities, and help investors make their cases to utility suppliers and industrial zone managers.

FUNCTIONS OF BOARD OF INVESTMENT (BOI)

In order to streamline and co-ordinate the process of investment and to create an investor friendly culture in the country, the government established the Board of Investment (BOI) as the central investment promotion and facilitation agency. The Board of Investment is chaired by the Head of the Government, and overseen by the Minister for Industries and Production. See the present Organisational Chart of BOI.

The main functions of the Board are to promote investment opportunities in all sectors of the economy and to provide investment facilitation services to local, foreign and Overseas Pakistani investors. The BOI acts as the focal point of contact between potential investors and all the agencies of the government concerned with investment proposals and responsible for providing infrastructure and other facilities. To strengthen the leverage and effectiveness of the BOI and to benefit from their experience, Ministers and Secretaries of critical Economic Ministries are actively associated with all activities of the BOI.

The following steps have been taken recently to address key investment-related issues:

(i) The Cabinet Committee on Investment (CCOI) has been formed, headed by the Minister for Finance and Economic Affairs and tasked exclusively to deal with matters relating to private sector investment.

(ii) Recognising the importance of the investment promotion process, Provincial Committees on Investment have been re-constituted, led by the Heads of Provincial Governments. To ensure close co-ordination between the BOI and the Provinces, the participation of the BOI on the Provincial Committees has been ensured.

(iii)  Under an Ordinance, promulgated in March 2001, the BOI has been restructured to bring in private sector perspectives and expertise in the day-to-day functioning of the BOI. The Members of new Board of BOI have been notified. Out of total 27 members, 11 members are from private sector.

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