Jahangir Tareen said Pakistan has offered a big incentive package to foreign investors in order to gear up its economy and attract FDI in a large volume
Investment incentives in Pakistan are diverse and highly business friendly.
'Bangladesh is offering most attractive
investment incentives to the foreigners in many sectors," he said while briefing the head and chief executives of 15 South Korean business houses in Seoul on Tuesday, said a ministry press release, reports BSS.
The second session discussed how to promote the Omani market, as well as held specialised workshops in several fields, including
investment incentives and their impact on increasing tourism flows.
Discussions also touched on the developments that the Qatari economy has witnessed in recent years and the
investment incentives Qatar is offering across various sectors.
'If they (companies) are operating under
investment incentives, that's fine with me.
He cited new
investment incentives and Egypt's free trade agreements with several countries.
He said Pakistan offers attractive
investment incentives and France may consider exploring more avenues for investment to the mutual benefit of two countries.
The meeting discussed ways of creating networking platforms for Qatari businessmen and their counterparts in Kazakhstan and stressed on the Qatari private sector's keen interest to explore partnership opportunities in Kazakhstan and to identify
investment incentives. Shokybayev stressed that the Qatari market "is an important one" for Kazakhstan.
Chua said among the abuses done in line with fiscal incentives by businesses include leakage within export zones; diverting activities to outside the region or zones of regional
investment incentives; transfer pricing schemes; and disguising nonqualifying activities into qualifying activities.
An increasing number of host governments also provide various forms of
investment incentives to encourage foreign owned companies to invest in their jurisdiction.
The Department of Energy (DOE) is throwing its support to the players of the upstream petroleum sector for their bid on non-scrapping of
investment incentives - contrary to what is being propounded by the Department of Finance (DOF) under the Tax Reform for Attracting Better and High-quality Opportunities (TRABAHO) Bill.