Federal Minister Qaiser Ahmed Sheikh Chairs Meeting to Increase Investment in Pakistan
Federal Investment Minister, Qaiser Ahmed Sheikh, recently presided over an important meeting at the Board of Investment’s Regional Office in Karachi. The gathering focused on increasing coordination between federal and provincial governments and creating a more facilitative business and investment-friendly environment in Pakistan.
Important Attendees
The meeting included:
- Ms. Ambreen Iftikhar, Additional Secretary, Board of Investment
- Mr. Noor Ahmed Samoo, Secretary, Sindh IT Department
- Mr. Raja Khurram Shahzad Umar, Secretary, Sindh Investment Department
- Mr. Behzad Amir, Additional Secretary, Sindh Investment Department
- Mr. Shahzeb, Member IT, Sindh IT Department
- Ms. Sahibzadi Waseema Omer, Special Secretary, Industries, Commerce & Investment Department, Government of Punjab
- Mr. Ehsan Malik, CEO, Pakistan Business Council (PBC)
Members of prominent business chambers and associations, such as the Overseas Investors Chamber of Commerce and Industry (OICCI), Karachi Chamber of Commerce and Industry (KCCI), Pakistan Chemical Manufacturers Association, and development partners such as REMIT, FCDO, and JCA, also joined.
Objectives of the Meeting
The main objectives were to:
- Improve coordination between the federal and provincial governments.
- Encourage public-private discussion for resolving business issues.
- Assist in the efforts for regulatory reforms and modernization.
- Enhance the general business facilitation context by Pakistan.
Minister’s Comments:
Minister Qaiser Ahmed Sheikh welcomed the collective efforts of public and private sectors to enhance the investment environment in the country. The minister assured that the government is determined to develop a transparent, inclusive, and investor-friendly regulatory framework throughout the nation.
Future Plans
In order to sustain the pace, it was agreed that regular meetings will be organized in provincial capitals at equal intervals. The meetings will include discussion and sharing of updates on the progress of on-going regulatory reforms and active participation and feedback from all relevant stakeholders, particularly the business community.
This activity is indicative of the government’s commitment towards building a healthy investment climate and strengthening Pakistan’s stature as a choice destination for both foreign and domestic investors.
