1	Board of Investment Government of Pakistan Pakistan Investment Climate & Business Opportunities Presentation By Secretary Board of Investment ICC Regional FDI Conference February 17-18 2002
2	Pakistan A Profile
3	Liberal Investment Policy All economic sectors open for FDI 100% foreign equity allowed No Government sanction required Attractive incentives package Remittance & Repatriation of Royalty, Technical & Franchise Fee; Capital, Profits, Dividends, etc. Allowed Network of Export Processing Zones Export Manufacturing Zero Rated Foreign investment fully protected - Foreign Private Investment (Promotion & Protection) Act, 1976 - The Protection of Economic Reforms Act, 1992 Agreements on Avoidance of Double Taxation 51 Bilateral Investment Protection Agreements 42
4	Incentives Package
5	Investment Policy - Regional Perspective
6	•ü üü •France•ü ü •Finland• •ü •Egypt•ü •ü •Demark•ü •ü •China•ü ü •Canada•ü •ü •Belgium•ü •ü •Belarus•ü •ü •Bangladesh• •ü •Azerbaijan•ü ü •Austria• üü •Australia•Avoidance of Double Taxation•Investment Protection•Country•ü • •Kenya•ü • •Kazakhstan•ü • •Jordan•ü •ü •Japan•ü •ü •Italy•ü • •Ireland•ü •ü •Iran•ü •ü •Indonesia•ü • •India•ü • •Hungary•ü • •Greece•ü •ü •Germany•Avoidance of Double Taxation•Investment Protection•Country
7	Partner Countries with Investment Protection/Avoidance of Double Taxation Agreements (Cont’d)
8	Partner Countries with Investment Protection/Avoidance of Double Taxation Agreements (Cont’d)
9	Home to 600 + Foreign Companies
10	300 Multinationals
11	Corporate Performance - ROE
12	Main Sources of Investment 1990-2001
13	Foreign Investment Shares by Sector
14	FDI: Main Sources & Sectors 2001-02 (July – December)
15	Improving Investment Climate Resolution of IPPs / Hubco Issues Successful Structural Reforms Privatization, Liberalization & Deregulation Monetary, Forex, Fiscal & Trade Policy Reforms Corporate & Capital Market Reforms Governance & Electoral Reforms Tax Administration & Tariff Reforms Homeland Security Initiatives Police Reforms Counter Terrorism Measures De weaponization Programme Changes in Economic Fundamentals Improved Trade & Current Account Balance Stable Exchange Rate Increased Foreign Exchange Reserves Lower Inflation Economic Sanctions Lifted & Debt Reprofiled IMF – Poverty Reduction & Growth Facility Credit Rating B+
16	PRIORITY SECTORS
17	"Infrastructure" Infrastructure Telecom & Communication Exchanges, Transmission Links, Telephony / TV Airports Roads Housing & Shelter Bridges, Medium & Small Dams Water supply & Sanitation Transit Pipelines Agriculture & Industry Development of Agri Land Crop Substitution & Seed Distribution Forestry, Plant Protection, Livestock, Orchids & Farms Small Industries Trade Food Items (Wheat, Rice, Edible Oils) Clothing, blankets, beddings Healthcare, Pharmaceuticals, Surgical Goods & Hospital Equipment Educational & Training Material Housing & Construction Material (Cement, Furniture, Steel Items) Transport (Vehicles, Tractors & parts) Services Sector Infrastructure Repair & De mining Immunisation, Hospitals & Healthcare Units Education & Training Currency Printing Repair & Vehicle Maintenance Facilities
18	Investor Facilitation Services
19	Why Not Pakistan Strategic Location Emerging Regional Hub & Transit Access to Afghanistan / CARs Abundant Land & Natural Resources Growing Domestic & Regional Market (CARs, Afghanistan, Gulf, SAARC) Liberal Investment Policy Attractive Incentives Package Sound Industrial / Commercial Base Low Production Costs Legal Infrastructure based on British System English Language Skills Trained and Low Cost Manpower Quality Telecom Infrastructure Export Processing Zones and Industrial Estates One Window Facilitation
20	Pakistan is open for business…..
21	THANK YOU