Islamabad: According to news reports, the United Nations Department of Economic and Social Affairs hosted a two-day virtual ‘SDG Investment Fair 2021′ in which Pakistan showcased eight projects with high potential to attract foreign direct investment (FDI) and address the Sustainable Development Goals (SDGs).
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Fareena Mazhar, the Secretary of the Board of Investment (BOI), represented Pakistan and informed the forum about the BOI’s facilities and services for investors. BOI welcomes both domestic and foreign investors to open liaison offices and apply for work visas in the region.
BOI currently has USD 14 billion in SDG-aligned ventures across a wide range of industries, including transportation and connectivity, energy, including solar energy, water supply and sanitation, education, health care, and information technology.
Infrastructure, hydropower, medical devices development centre, silicon solar PV panel fabrication, agriculture drones and smart farms, university technology parks, and IT incubation centres from across Pakistan were among the projects showcased during the two-day fair.
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The secretary also discussed the versatility of procedures and how the ease of doing business in Pakistan has improved. She went on to say that registering a business in Pakistan now takes just one day and that the country now offers e-visas to more than 174 countries across the world. Trade and products in transit will be facilitated in terms of records, accountability, and e-payment system with the launch of Pakistan Single Window (PSW), she added.