I invite D-8 Nations to join hands with Pakistan and work together to make the D-8 alliance an agriculturally surplus country: Minister for BOI & Special Initiatives

ISLAMABAD, June 16: The Federal Minister for BOI & Special Initiative, Chaudhary SalikHussain, and Secretary BOI, MsFareenaMazhar are in Istanbul to participate in the D-8 Investment Conference, being held on 16 June 2022, on the occasion of the 25th anniversary of the D-8 Organization.
“I am happy to state that Pakistan’s agriculture sector, being the backbone of our economy, posted a growth of 4.4 percent in FY2022 owing to a 6.6 percent growth in crops and 3.3 percent increase in livestock production. The Government of Pakistan is focusing on providing special relief in taxes and duties on different agriculture equipment and machinery. I invite the D-8 Nations to join hands with Pakistan and work together to make the D-8 alliance food secure and an agriculturally surplus country” – Minister for BOI expressed while addressing the D-8 Investment Forum.
The Minister interacted with the delegates from the Developing 8 countries and welcomed them to explore the immense investment, especially in Pakistan’s special economic zones.
“The Government of Pakistan is working with a vision to transform Pakistan into a high-end commercial, technology and manufacturing hub” – the Minister for BOI underscored.
Secretary BOI, Ms. FareenaMazhar delivered a detailed presentation and apprised the audience at the D-8 Investment Forum regarding Pakistan’s latest business reforms initiatives to improve ease of doing business. “Pakistan has also seen an incredible improvement in its security situation and has conducted notable regulatory reforms which have been recognized globally by the World Trade Organization, World Economic Forum and the World Bank of Pakistan”, She stated.
Secretary BOI invited the businessmen to explore investment opportunities in Pakistan in multiple sectors, accentuated that owing to Pakistan’s strategic location, the country provides access to three continents and 68 countries as it is being connected to the broader plan of the Belt and Road Initiative (BRI) through the China Pakistan Economic Corridor (CPEC).
A day earlier, the Minister and Secretary BOI’s also held a meeting with DE?K and the Turkish business community. Minister BOI assured regarding the Government’s resolve and commitment to facilitate businesses and investors in Pakistan. – PR