Mr. Sherif Abo Elhassan, Managing Director, Elsewedy Electric called on me today to discuss investment opportunities in Pakistan. The Egyptian company recently acquired 100% equity stake in Validus Engineering Pakistan and has plans to boost production capacity to not only..1/3
meet domestic demand but also support regional export. The company has also shown interest in investing in infrastructure & construction projects available on BOI's Projects Portal. It is heartening to see that BOI's efforts for investor facilitation through online..2/3
Another success for @TPL_Insurance as DEG-a unit of German state development bank, acquires 19.9% equity stake in the company. The partnership will strengthen TPL financially & help develop its agriculture & micro insurance segments. This also stands to further develop &..1/2
expand insurance industry in Pakistan. The partnership shows confidence of foreign investors in government policies aimed to boost economic growth. I congratulate TPL Insurance on this collaboration and wish them success in future endeavors. 2/2
@MettisGlobal@appcsocialmedia
Met with business delegation of @EngroCorp led by Mr. Ghias Khan, CEO, to discuss their upcoming project of green field petrochemical integrated complex poly propylene. The billion-dollar project will generate direct & indirect employment opportunities for over 50,000 people..1/3
business environment & venture of such magnitude is testament of growing investor confidence in our market. I have assured Engro of BOI's all out support to ensure timely operationalization of the project. 3/3
#DontDelayInvestToday@GovtofPakistan@MoIB_Official@pakco_updates
Welcomed Mr. Bilal Akbar, Ambassador designate for Kingdom of Saudi Arabia at BOI. We spoke about progress of implementation of various MOUs with Saudi Arabia & agreed on expediating efforts to ensure that the project timelines are adhered to. We also discussed enhancing..1/3
Saudi Arabia has been on rise however there's immense potential to enhance the economic partnership. I have assured Mr. Akbar of @investinpak all out facilitation to present multitude of investment ventures Saudi investors can explore in Pakistan. 3/3 🇵🇰🇸🇦
@PakinSaudiArab
A delegation of Russian businessmen led by Mr. Sergey Savchuk, CEO, CC RusWelding called on me today to discuss investment opportunities in Pak. The delegation briefed about their projects related to water desalination & conversion of solid waste to energy, which they intend..1/4
in Sindh. They were also apprised about our repatriation policy and its incentives & exemptions. Mr. Sergey requested assistance with issues pertaining to visa and branch liaison office. The relevant departments of @investinpak will facilitate with the issues & ensure swift..3/4
Met with Ms. Elena Gomez, Deputy Head of Mission, Embassy of Spain and spoke on areas of mutual interest. We discussed the current bilateral trade volume and agreed on exploring collaboration in tourism, construction and food processing sectors. Given the ample..1/4
Spanish investors about investment opportunities & a second webinar focusing on sector specific investments is also in the pipeline. Ms. Elena highlighted a few issues that BOI will raise with the concerned departments. I have assured of @investinpak cooperation to support..3/4