Facilitation in Bureaucracy and Swift Resolution of Disputes Are Essential
Islamabad:
Member of the Elder Council of the Islamabad Estate Agents Association and Chairman of the Overseas Committee of the Islamabad Chamber of Commerce and Industry (ICCI), Chaudhry Nawaz Basra, has said that investment by overseas Pakistanis holds great importance for economic growth, increasing foreign exchange reserves, and creating employment opportunities. He stated that if continuity in policies, transparency, and trust are ensured, overseas Pakistanis can be encouraged to invest on a large scale.
He emphasized that facilitation within the bureaucracy, prompt resolution of disputes, and a investor-friendly environment are essential for promoting overseas investment. He added that the government is taking various steps to attract overseas investors, including the establishment of the Special Investment Facilitation Council (SIFC), one-window operations, tax incentives, ease in repatriation of profits abroad, and provision of legal protection. These measures, he said, are commendable.
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