Tuesday, 23 April 2024, 06:08:51 pm

BOI creating $50b FDI opportunities by 2023: Fareena
July 21, 2021

File Photo

The Board of Investment (BOI) is actively pursuing strategies to create opportunities for 50 billion dollar Foreign Direct Investment (FDI) in the country by 2023 under its new investment plan.

In an interview, Federal Secretary BOI, Fareena Mazhar said the BOI’s main priority is to attract investment in various sectors including textile, Personal Protective Equipment from the United States and China and also to encourage overseas Pakistanis to invest in the country so that they can take advantage of these large investment opportunities.         

The Secretary said Chinese companies have brought 260 million dollars of investment in Rashakai, Special Economic Zone within the steel sector to enhance the productivity and growth in the local industrial sector.