Islamabad: Federal Minister for Investment, Qaiser Ahmed Sheikh, formally assumed his role at the Board of Investment (BOI) today, marking a new chapter in the country’s efforts to attract foreign investment. The minister received a comprehensive briefing on the institution’s performance and current projects from the Secretary of the Board of Investment.

According to Press Information Department, Minister Sheikh emphasized the crucial role of investment in driving national economic development. The government, he stated, is implementing specific measures to boost investment, with a special focus on attracting foreign investors to Pakistan.

Minister Sheikh reiterated his commitment to fostering a business-friendly environment in alignment with the Prime Minister’s vision for a sustainable economy. He assured that both domestic and foreign investors would find a supportive atmosphere, and that the concerns of the business community would be addressed efficiently.

Under the Board of Investment, a new strategy is being formulated to increase Foreign Direct Investment (FDI) in the country. The federal minister highlighted that the government is committed to facilitating investors and positioning Pakistan as a compelling destination for investment.