Envoy: (French Ambassador visits BOI)

ISLAMABAD: Mrs. Martine Dorance, Ambassador of France in Pakistan, visited Board of Investment (BOI) here on Wednesday and met with Minister of State/Chairman, BOI Dr. Miftah Ismail to discuss and explore the key areas of investment opportunities available in Pakistan.

The Minister of State/Chairman, Dr. Miftah Ismail highlighted the investment potential and opportunities available for French investors / companies in Pakistan.

He also informed her that laws have been tailored to safeguard and ensure protection of investments. The foreign investment is fully protected under the Foreign Private Investment (Promotion & Protection) Act, 1976, and Protection of Economic Reforms Act 1992.

Mrs. Martine Dorance, and BOI Chairman agreed to organize the Business and Investment Forum at Paris, France, in the Mid of May, 2016, to highlight different available investment opportunities in Pakistan.

She further informed that French investors/companies are interested to invest in Pakistan specifically in pharmaceutical and many other sectors. The Chairman, BOI informed her that Pakistan has dire need of car manufacturing unit, due to growing demand of the people of Pakistan.

Dr. Miftah Ismail also informed the French Ambassador that BOI is also planning to organize one day “Road Show” in Paris, France during April or May, 2016, as per convenience of Finance Minister of Pakistan. The BOI Chairman appreciated her efforts and intention to boost investment and economic relation between the two friendly countries.

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