ISLAMABAD: The second Pakistan Investment Conference, organized by Pakistan Board of Investment (BOI) has achieved its goals and highlighted vast investment opportunities available in the country.
This can be gauged by the overwhelming response from delegates, both foreign and Pakistanis, who participated in all the sessions during the two-day moot, the BoI said in a statement on Saturday. Moreover, it said, the BoI has been receiving a large number of business proposals and querries from the participants.
The major objective of this annual feature was to highlight huge potential and to project soft image of Pakistan.
The conference was inaugurated by Prime Minister Muhammad Nawaz Sharif and the concluding session was presided over by Minister for Finance and Revenue Senator Ishaq Dar.
Vitaly Vovk, Minister for Industries, Republic of Belarus, along with a delegation of more than 42 members participated in the conference.
As many as 67 diplomats, including commercial counselors of Foreign Missions in Islamabad participated in the moot.
The conference provided a great opportunity to 650 foreign and Pakistani businessmen and investors of 29 participating countries and local investors to gather information and interact with each other and explore joint venture, business and investment opportunities in various sectors.
The BoI also provided the provinces to exhibit their potential, incentives and opportunities.
Separate stalls were set up by the Provincial Boards of Investment to showcase their respective products.
Eight focused sectoral sessions, participated by both public and private sector panelists, deliberated in detail on energy, water and power, oil and gas, agriculture and livestock, textile and garments sectors and special economic zones' initiative and investment policy and explore opportunities as well as attractive incentives offered by the Government of Pakistan for investment in these areas.
Moreover, representatives of major global companies participated in the conference which included General Electric, USA, Royal Dutch Shell, Proctor and Gamble, Dubai, UAE, STFA Group, Turkey, China Gezhouba Group Corporation, China, Sino Hydro Group China, Credit Suisse, Singapore, Edotco, Malaysia, Korea Importers Association, Korea, Bakri Int'l Energy Co., Kuwait, Al-Wasmiya Group Bahrain, Zam Inter, Moscow, Russia, Kuwait Gulf Group, Kuwait, Saudi Export Program, Saudi Arabia besides other multinationals and 400 local businessmen from FPCCI, OICCI, ABC, PBC and various chambers of commerce and industries.
Participation of such a large number of foreign delegates, at their personal expense, is a confidence booster for the country under the prevailing circumstances.
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