Pakistan is expecting around 5 billion dollars foreign investment in various sectors in the next three years, Director General of Board of Investment (BOI), Hamayoon Khan Sikandar informed business community on Tuesday.
Addressing members of Karachi Chamber of Commerce and Industry (KCCI), he said that investors from Korea, US, Japan and Gulf countries have expressed interest of investing in various sectors.
He said that foreign investors have shown interest of investing in Thar coal and thermal sector for power generation. He noted that around 700 foreign companies are operating in Pakistan and making huge profit including China mobile company, Telenor, Toyota, Citibank, Standard Chartered, etc.
He said that Pakistan offers beneficial investment opportunities in oil and gas sector, information technology, fisheries, infrastructure development, tourism, etc. President KCCI, Abdul Majid Haji Mohammad said foreign companies have been operating goods businesses in Pakistan since last 23 years and during this period only one suffered loss. He said Pakistan is an ideal place for investment in agriculture sector as it has vast fertile land.
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