Board of Investments

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Board of Investments

A generic term for a government agency responsible for managing a government's assets, attempting to attract investment to the country or region and/or regulating investment.
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But there are additional P270 billion worth of new investments in the pipeline that have yet to be confirmed by the BOI. Based on estimate, total BOI-approved investment pledges for the entire 2018 could hit roughly P800 billion, the biggest in BOI's history.
'In order to take forward industrial cooperation, a long-term plan is required followed by a detailed action plan to achieve the desired results,' the BOI wrote in its project document.
In this regard, consultative committee had been formed, which consists of senior officials of establishment division and BOI also to review and execute the reconstruction plan of BOI on modern lines.
In the same meeting, firm approval of five SEZs in Punjab, processed by BOI, was given along with the approval in principle of two SEZs in Balochistan, two SEZs in Punjab and one SEZ in Sindh, which would be notified after completing codal formalities, it added.
For two consecutive years, the BOI has continued to set its highest recorded investment approvals in more than 50 years.
The BOI added that it is in the process of developing new guidelines, in addition to improving the prevailing ones, in consultation with all relevant stakeholders.
The BOI, in coordination with the Tariff Commission, shall promulgate the Implementing Rules and Regulations on the implementation of EO 85.
Secretary BOI, Omer Rasul, introduced his team of the Board of the Investment (BOI) which is the one window of the Government of Pakistan for the facilitation of foreign and local investors in Pakistan.
However, Trade Secretary and BOI Chair Ramon Lopez is still confident in hitting the target, which would mark a record breaking figure for the BOI.
While elaborating upon the policy of the Government for Foreign Direct Investment (FDI), Secretary BOI Omer Rasul urged the Czech delegates to look at the studies conducted by BOI in these sectors and share the information with Czech businesses to develop their interest in Pakistan's market.
BOI emphasized the need to have regular monthly meetings, inviting all stakeholders, to fast track the progress on Rashakhai SEZ.
ISLAMABAD -- The government has deferred decision on billions of dollars worth of foreign investment after it cancelled a scheduled meeting due to differences between new economic managers and management of the Board of Investment (BOI).