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***LahoreEstate*** · 02-04-2009, 06:31 AM

FDI in Pak showing positive trend
Source: OUR STAFF REPORTER submitted 6 hours 1 minute ago
LAHORE - Secretary Board of Investment (BoI) Tariq Iqbal Puri has claimed that foreign direct investment in Pakistan is registering a very positive trend and the investment situation is not as hopeless as being painted by some elements.

The Secretary Board of Investment stated this while briefing the LCCI President Mian Muzaffar Ali on investment scenario in Pakistan. LCCI Senior Vice President Tahir Javaid Malik, Vice President Irfan Iqbal Sheikh, former Presidents Tariq Hameed, Mian Mohammad Ashraf, Mian Misbahur Rehman, former Senior Vice Presidents Abdul Basit, Yaqoob Tahir Izhar and former Vice President Sheikh Mohammad Arshad were also present on the occasion.

The BoI Secretary said that only because of huge undiscovered potentials in Pakistan and for having a unique food basket, a number of foreign investors are ready to come to Pakistan.

Tariq Iqbal Pun said that business community needs to understand that economic issues being faced by the country were not going to stay for long and hopefully the situation would take a positive turn in next eight to nine mouths.

http://www.nation.com.pk/pakistan-news-n...tive-trend

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