KARACHI: Overseas Investors Chamber of Commerce and Industry (OICCI) Chief Executive M Abdul Aleem has asked the government to take steps for drawing potential Foreign Direct Investment (FDI) in the country and offered to share the experience of chamber’s members in this regard.
Abdul Aleem said that Pakistan must ensure transparent governess and institutional infrastructure for high economic growth and to compete with the regional countries and attract higher FDI. Expressing OICCI members’ concerns, he said that the government institutions, especially FBR, were not responding properly the chambers’ members.
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Citing Myanmar, he said the country was sharply catching foreign investment and the only thing was governance that facilitates investors properly. He urged the government to fill all the key vacancies in the Regulatory and state-owned organisations and introduce a robust accountability mechanism.
