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In order to streamline and co-ordinate the process of investment and to create an investor friendly culture in the country, the government established the Board of Investment (BOI) as the central investment promotion and facilitation agency. The Board of Investment is chaired by the Head of the Government, and overseen by the Minister for Industries and Production. See the present Organizational Chart of BOI.
PAKISTAN'S INVESTMENT POLICY AT A GLANCE
1. Liberal Investment Policy
2. Equal treatment to local and foreign investors
3. All economic sectors open for FDI
4. 100% foreign equity allowed
5. No Government sanction required
6. Attractive incentives package
7. Remittance of Royalty, Technical & Franchise Fee; Capital, Profits, Dividends allowed
8. Foreign investment fully protected:
9. Foreign Private Investment (Promotion & Protection) Act, 1976
10. Protection of Economic Reforms Act, 1992
11. Foreign Currency Accounts (Protection) Ordinance, 2001
12. Bilateral Agreements:
13. Investment Protection: 43 Countries
14. Avoidance of Double Taxation: 51 Countries
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