Board of Investment is determined to settle the Issues of Japanese Investors: Board of Investment Secretary

Islamabad: A six member delegation of Japan headed by Mr. Hiraoshitajima Director Ministry of Foreign Affairs Japan visited Board of Investment to discuss the issues of Japanese investors in Pakistan. Secretary Board of Investment presided the meeting.

At the beginning of the meeting, Secretary Board of Investment condoled the calamity of devastating earthquake in Japan. He said, “Japan has been a close friend and an important development partner throughout. At this moment of sorrow and grief, people of Pakistan are standing by the Japanese nation. I affirm the support and solidarity of the kind, Japanese expressed on the catastrophes of earthquake and flood in Pakistan.”

Talking about the investment from Japan, Secretary Board of Investment said that the high-level exchanges created opportunities to open up avenues for greater cooperation between the private sectors of Pakistan and Japan, in the fields of automobiles, electronics and tourism.

He further added that Japan’s economic assistance has played a very important role in the development of Pakistan’s economic and social infrastructure. The major projects, which have been funded by the Government of Japan, include the Indus Highway Project, a number of power projects in various provinces of Pakistan, Rural Roads Construction Project and the Children Hospital PIMS Islamabad Project. Presently the Kohat Tunnel Project and the Ghazi Brotha Dam Project are being completed with the help of the Japanese assistance.

He also appreciated the role of JICA assistance to train the employees of BOI to play a competitive role to facilitate the investors and to improve the efficiency of the organization.

Mr. Hiraoshitajima showed his deep concern about the security issues of the investors in Pakistan. He said that bilateral relations between Pakistan and Japan are based on commonality of interests and aspiration for peace and development especially for our region, which Japan also regards as pivotal for peace and stability in Asia. Japan has been a close friend and an important development partner throughout. It was among the first countries to offer help in the aftermath of the devastating earthquake on October 8.

For more information, contact:
Mr. Amir Sultan Akhun Khel
Director (P and PR)
Board of Investment
Tel: +9251 922 4103
Fax: +9251 920 7030
Email: directorppr@pakboi.gov.pk

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