Thursday, December 5, 2024

BoI decides to launch online platforms to assist investors

The Board of Investment (BoI) of  Pakistan launched three platforms for local and foreign investors on Monday to provide ease of online registration for zone enterprises and a comprehensive database of existing and potential investors that will promote business activities.

As per the news, The three platforms includes Pakistan Regulatory Modernization Initiative Strategy (PRMI), Special Economic Zone Management System (SEZMIS), and Investor Relationship Management System (IRMS) – was launched by World Bank Country Director Najy Benhassine, British High Commissioner to Pakistan Christian Turner and Senior Private Sector Specialist IFC Charles Schneider, respectively.

“We have been working with BoI to design and implement investment strategies while modernizing systems through revamped websites and digital portals,” said IFC Senior Country Manager for Pakistan Nadeem A Siddiqui.

Further, he added “Future of Pakistan anchors around its economic growth,” said Mr. Turner. “The UK with its partners is very proud to be supporting the regulatory efforts at Federal and Provincial level as these will lay the foundation for the regulatory system of tomorrow’s Pakistan,” 

Fareena Mazha, BoI Secretary, explains the objectives of these three platforms expressed the point was to go for slow progress to a paperless climate that will lessen the consistency trouble for businesses and organizations.

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