The major sectors for investment in Pakistan include oil and gas, energy, infrastructure, Information Technology, Telecommunications and establishment of Special Economic Zones, said a senior officer at Board of Investment (BoI) here the other day.
The Executive Director General of BoI, Sikandar Ahmed Rai made these remarks during his presentation at a Seminar on "China-South Asian Nations Investment Cooperation" in central Beijing.
The day-long seminar was also attended by the Acting Ambassador of Pakistan to China, Zahoor Ahmed along with delegates from India, Sri Lanka, The Maldives and other regional countries.
China is the largest and the most dynamic neighbour of South Asia, Rai said, adding that we can learn and profit from China's experience and its growth.
In Pakistan, Government has put in place a liberal investment regime, he said, adding that foreigners are welcome to invest in any sector.
Sikandar Rai pointed out that although many countries around the world are facing economic crisis, the economic indicators of Pakistan are still encouraging.
In this regard, he, with the help of slides showed the flow of Foreign Director Investment in Pakistan.
"We are progressing and FDI is coming to the country", he remarked. He pointed out that at present over 83 prominent Chinese enterprises are working in Pakistan in various sectors. Both countries are doing business with full satisfaction, he noted.
While inviting investors, Sikandar Rai briefed the participants about investment opportunities, favourable government policies, friendly environment and skilled manpower available in the country.
He also shed light on government's privatization policy for reviving the sick industrial units, provision of affordable housing units for the masses and the government's policy of establishing Special Economic Zones as well as the incentives being offered for investment.
Pakistan, he said, has good relations with its neighbours as well as with SAARC countries, so the investors setting up industries in Pakistan can easily export their products to these countries as well.
Speaking on the occasion, Acting Ambassador, Zahoor Ahmed, while highlighting the importance of the Seminar said this initiative taken by the Ministry of Commerce of China will help enhance investment in the region, especially in Pakistan.
South Asia is the region where there is immense investment potential and China being the largest economy is a guiding force for other developing countries in the region.
He said it was the wise leadership of China that brought millions of Chinese above the poverty line.
China is the second largest economy in the world, but still counts itself as a developing country, he added.
He also spoke of Pakistan and China's strategic cooperative relations in all dimensions and said these relations; spanning over 60 years are getting deeper and stronger with the passage of time.