BOI seeks partnership role with chambers

RAWALPINDI:The government has been actively working on Ease of Doing Business (EoDB) and most of the demands of the business community made practical.

Chairman Board of Investment (BOI) and Minister of State Haroon Shairf, said this during his visit to the Rawalpindi Chamber of Commerce and Industry (RCCI) here on Monday.

The chairman stressed upon business community to prepare recommendations and suggestions for improving Foreign Direct Investment (FDI) in different sectors including Tourism, Agri foods, services sector, real estate and poultry.

He suggested having a close partnership with Chamber of Commerce through an advisory council aiming at monitoring the progress of government initiatives and providing feedback on given projects.

Haroon said that the businessmen could now pay taxes in order to run their business operations smoothly as more than 45 different taxes have been clubbed in and government was heading towards one tax regime. He appreciated RCCI efforts for promoting trade activities in the region and said that chambers were the key stakeholders in bridging the gap between traders and the government entities. He assured his full cooperation and assistance in resolving issues of Rawat Industrial Estate including Electricity Feeders, Grid Station and other civic facilities.

Earlier, RCCI President Malik Shahid Saleem urged BOI and government to take concrete steps in addressing grievances of local industry.

He said that Rawat Industrial Estate has 1100 industrial units and roughly 300 were working and if the issue of grid station or load management resolved, 100 more units would start production in next couple of weeks.

Malik demanded that traders must be kept on board while finalizing trade and investment policy. He also appreciated recent initiatives of Government including Pakistan Banao Certificate.

He also invited BOI chairman to attend RCCI’s “Business Africa Forum “ to be held on February 26.