ISLAMABAD – Pakistan Investment Climate Project has been launched to revivecountry’s global appeal as an attractive location for both local andforeign investment and to boost its investment competitiveness.

The project launched by Pakistan Board of Investment (BOI), in partnershipwith the International Finance Corporation and World Bank will alsocontribute to streamlining business regulation and creating opportunitiesfor meaningful linkages between foreign and local firms in key sectors.

In a statement, Chairman BOI Naeem Zamindar,has said Pakistan’s economystands at a crucial point with the potential to grow at the rate over 9percent.

He said for this purpose, Pakistan must attract new investment which willhelp the country create jobs for its youth.