Project launched to boost Pak's global competitiveness for foreign investment


ISLAMABAD:Pakistan Investment Climate Project has been launched to revive country's global appeal as an attractive location for both local and foreign investment and to boost its investment competitiveness.

The project launched by Pakistan Board of Investment (BOI), in partnership with the International Finance Corporation and World Bank will also contribute to streamlining business regulation and creating opportunities for meaningful linkages between foreign and local firms in key sectors.

In a statement, Chairman BOI Naeem Zamindar,has said Pakistan's economy stands at a crucial point with the potential to grow at the rate over 9 percent. He said for this purpose, Pakistan must attract new investment which will help the country create jobs for its youth.APP/AFP

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