Foreign direct investment plays important role in development of host country: Federation of Pakistan Chambers of Commerce and Industry
Islamabad: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Friday said foreign investment has a very important role in development of a nation.
The apex chamber would continue to support all efforts to enhance foreign as well as domestic investment in the country, said Hameed Akhtar Chadda, Chairman FPCCI Capital Office while talking to Chairman Board of Investment Saleem H. Mandviwala.
Senior Vice Chairman Kunwar Qutubuddin, Chairman Media Malik Sohail, President Women’s Chamber Samina Fazil, Chairman Pharmaceuticals Adnan Mirza other trade leaders as well as senior government officials were also present on the occasion.
The FPCCI delegation expressed satisfaction on the functioning of Board of Investment saying that the services of Mandviwala have earned him status of State Minister that he deserved.
They also conveyed best wishes on the part of national trade leaders Tariq Sayeed, Iftikhar Ali Malik and President FPCCI Senator Haji Ghulam Ali. The trade leaders want to work with BoI to fulfil dream of nation prosperity, the minister was told.
Malik Sohail said that economy cannot sustain itself in absence of foreign investment adding that recent downturn in the west should be seen as an opportunity in Pakistan.
At the occasion, Mr. Mandviwala assured all cooperation and said that he is focused on bringing in investments so that country can become self-sustainable.
He said that no country can progress unless the private sector plays due role and present soft image of the country.
We are in process of making a new strategy to attract investments from abroad, Mandviwala informed.
The State Minister said that all foreign delegations would be asked to meet concerned officials and members of FPCCI so that it can have a positive impact on our growth rate and boost exports to a satisfactory level.
For more information, contact:
Syed Masood Alam Rizvi
Federation of Pakistan Chambers of Commerce and Industry (FPCCI)
B-1, Federation House, Main Clifton Road, Shahra-e-Firdousi, Karachi-75600, Pakistan
Tel: +9221 3587 3691
Fax: +9221 3587 4332