Govt working on ease of business regulatory laws.


ISLAMABAD -- Chairman, Board of Investment Zubair Gilani Wednesday said that the government was working to ease existing business regulatory laws for better investment promotion in the country.

He said that loopholes in business laws and regulations would be plugged that would facilitate the growth of business and investment in the country.

He was addressing business community during his visit to Islamabad Chamber of Commerce and Industry.

Qasim Raza, Additional Secretary, BoI was also present at the occasion. Zubair Gilani said that 21 SEZs have been planned and government was interested to promote JVs in these Zones.

He said that government was determined to address the key issues of industrial sector in order to promote industrialization.

He said that government was working to enable the country to stand on its own feet instead of depending on foreign aid and stressed that private sector should cooperate in reviving the concept of Made in Pakistan.

He said that value addition of products was vital to improve competitiveness of exports in international market and stressed that private sector should focus on value addition.

He said that ICCI should bring major hurdles in the way of investment to the notice of BoI and give its proposals for investment promotion that would be given due consideration.

Speaking at the occasion, Muhammad Ahmed Waheed, President, Islamabad Chamber of Commerce and Industry (ICCI) urged the government to provide same...

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