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Tuesday, November 26, 2024

Foreign Investors remain optimistic on Investment prospects in Pakistan - TechJuice

Last updated Monday, March 14, 2022 07:14 ET

Overseas Investors Chamber of Commerce and Industry (OICCI), the collective voice of top foreign investors in Pakistan, has unveiled the results of the biennial “Perception and Investment Survey 2021”.
The survey results present an array of insights, shedding light on the increase in confidence of OICCI members on the growth potential of the country and some areas where government attention is required.
OICCI President, Mr. Ghias Khan, in a meeting with the media representative today, shared the salient features of the survey and highlighted that foreign investors are largely positive on several business climate parameters. OICCI members forecast healthy growth of their respective business entities in Pakistan with an overwhelming 80 percent of respondents willing to recommend new FDI in Pakistan. Mr. Ghias Khan added that
“The case for business growth potential and opportunities in Pakistan is supported by over 65 percent of survey respondents indicating their plans to make new investments, out of which 8 out of 10 respondents plan to invest more or similar amounts over the next 1 to 5 years, as compared to the investments they made in the previous corresponding period”.
Foreign investors’ sentiments about the investment and operating conditions in Pakistan, in comparison with regional countries have shown notable improvement, compared to the previous survey, as Pakistan has been rated “Better” ahead of India, Thailand, Vietnam, Bangladesh, Sri Lanka and Philippines but...



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