Summary Results of the survey were shared with Prime Minister (PM) Nawaz Sharif by OICCI.
ISLAMABAD (Dunya News) – Foreign companies are likely to invest 3 billion dollars in businesses in coming 5 years in the country according to a survey report of Overseas Investors Chamber of Commerce and Industry (OICCI). The results of the survey were shared with Prime Minister (PM) Nawaz Sharif by OICCI.
According to statement issued by the department, OICCI officials met with PM Nawaz. During the meeting OICCI Chief Atif Bajwa informed PM Nawaz that according to Perception and Investment Survey 2015, business conditions of Pakistan were better as compared to Sri Lanka, Bangladesh, Philippines and Vietnam.
The report states that 60% of the companies have hinted towards greater investment in the country whereas 82% companies have predicted a prosperous growth for their financial ventures in the coming years. There is also a likelihood of improvement in job opportunities.
Bajwa said investors are desirous that Ministries and Regulatory departments should also provide further assistance to the companies.
50% of the participants of the survey have again stressed that security and electricity issues are the two colossal challenges while increased taxes and inability of implementation of policies have also been seen as major problems.
