1 / 26

2 nd Asian Business Forum INVESTMENT DIVISION & BOARD OF INVESTMENT March 03, 2008

2 nd Asian Business Forum INVESTMENT DIVISION & BOARD OF INVESTMENT March 03, 2008. At The Center of Asian Growth. Pakistan becoming Asia’s trade, energy and transport corridor. Land locked energy rich Central Asia . Pakistan. Capital & Energy surplus Middle East. Booming South Asia.

shaw
Download Presentation

2 nd Asian Business Forum INVESTMENT DIVISION & BOARD OF INVESTMENT March 03, 2008

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 2nd Asian Business Forum INVESTMENT DIVISION & BOARD OF INVESTMENT March 03, 2008

  2. At The Center of Asian Growth Pakistan becoming Asia’s trade, energy and transport corridor Land locked energy rich Central Asia Pakistan Capital & Energy surplus Middle East Booming South Asia 3

  3. Country Profile • Population: 160 million (2006 est.) • GDP (Nominal): US $145 billion (FY07) • Foreign Investment: US $8.4 billion (FY07) • GDP per capita: US $925 (FY07) • FX Reserves (February 04, 2008) : US $15.074billion • Stock Market Index (February 29, 2008): 15,078

  4. Improving Economic Indicators

  5. Remarkable Demographics • Total population: 160 million • Population under 25 years: 100 million Demographics 81%<40yrs Source: Economic Survey 2006-07

  6. Declining Poverty, Unemployment, Debt • Poverty has declined from 34.5% in 2000-1 to 23.9% in 2004-5, which means that 13 million people have come out of poverty in this period. • Unemployment has fallen from 8.3 % in 2000-01 to 6.2% in 2005-06. • Public debt as % of GDP has fallen from over 100% of GDP in 1999 to 53.4% in 2007.

  7. Declining Public Debt Burden Public debt as % of GDP Source : Economic Survey2006-07

  8. Pakistan: A Leading Reformer • Runner-up reformer in the South Asian Region (after Maldives) according to the Report of the World Bank and IFC entitled “Doing Business in South Asia 2008” which compared business regulations in 178 countries around the world.

  9. Doing Business Ranking among 178 Countries

  10. Top ranked countries in the region for “Ease of doing Business”

  11. Why Invest in Pakistan:Liberal Investment Policy • Equal opportunity for local & foreign investors • All economic sectors open to foreign investors • Foreign equity upto 100% allowed • No Government permissions required • Attractive tax, tariff and other incentives • Remittance of capital, profits, royalty, technical & franchise fee allowed • Network of Export Processing Zones / Industrial Estates • Statutory protection for foreign investment • Bilateral Agreements : • Investment Protection 47 Countries • Avoidance of Double Taxation 52 Countries

  12. Investment Gaining Momentum Investment as a % Of GDP

  13. FDI by Country and Sector July – Dec 2007-08 USD in millions

  14. Functions of ID & BOI

  15. Promotion of foreign and domestic private investment Facilitation of foreign and domestic investors Investment Protection (e.g. BITs) Policy advocacy to improve investment environment Mission

  16. Enhancing Image of Pakistan as Investment Destination Promoting Investment Projects Strengthening Investment Protection Structured Public - Private Policy Dialogue Pillars of Investment Strategy

  17. Pro-active image enhancement focusing foreign investors and international business media. Sign MOUs with other Investment Promotion Agencies. Arrange local and foreign Investment Conferences. Appoint Honorary Investment Counselors. Enhancing Image of Pakistan as an Investment Destination

  18. Database set up for : Standardized profiles of “marketable” investment projects Marketing Network Target investors and domestic joint venture partners Facilitate investors at all stages of investment cycle utilizing existing offices in all provincial capitals. Promoting Investment Projects

  19. Increase investor’s confidence by improving the protection of contractual and property rights. Strengthen domestic and international arbitration in line with international best practices. Enforce Pakistan’s BITs and sign additional investment-related Agreements to provide credible security packages to investors. Strengthening Investment Protection

  20. Structured PPPD presently created by ID & BOI Foreign Investor Council (FIC) headed by PM formed with international business leaders being members. Advisory Boards for priority sectors formed and meetings held. Frequent interaction with private sector representatives. PPPD linked with: Competitiveness Support Fund initiatives (CSF). Public Private Partnership initiatives (IPDF). Small and Medium Enterprise promotion (SMEDA). Reforms of economic regulations - regulatory impact assessments by ERU. Structured Public - Private Policy Dialogue (PPPD)

  21. SEZ’s instrumental in cluster building; also conducive to site development, administrative rationalization and security protection. BOI is preparing a draft act on SEZs which will set out legal and institutional framework with incentive package. Special Economic Zones (SEZs)

  22. Offshore & Onshore Exploration • Refining • Pipelines • Storages • Coal • Granite • Marble • Copper • Rocksalt • Semi-Precious Stones Priority Sectors • Hydel • Thermal • Coal • Solar • Wind • Biogas • Call centers • Cell phone • E-Commerce • Software • IT Parks Investment Opportunities Oil & Gas Mining Power IT & Telecom 18

  23. Ports & Roads • Urban Mass Transport • Water supply & • Sanitation • Housing • Desalination • Leather • Electronics • Furniture • Gemstones • Jewelry • Food Processing • Sports & Surgical goods • Value added textiles & • Hotels • Resorts • Theme Parks • Cultural tourism • Entertainment Centers - Agri-Business - Corporate Farming - Fruits & Vegetables - Livestock & Dairy - Fisheries - Cool chains - Seed Production - Storages Investment Opportunities Infrastructure Priority Sectors Tourism SMEs Agriculture 19

  24. Oil & Gas • Infrastructure • Power • Industry/ Real Estate • Banking • Pesticides • Dyes • Agro Based • Mineral Based • Synthetic Fiber • Pharmaceuticals • Petrochemical • Complex/ Naphtha • Cracker Priority Sectors • Golf City • Water City • Sports City • Media City • Residential Complexes • Office apartments • Light & Heavy Engineering • Automobiles • Auto parts • Agriculture Machinery • Steel Production • Textile Machinery InvestmentOpportunities Privatization Housing Chemicals Engineering 20

  25. Five Key Reasons to Invest 1. Geo-strategic location Gateway to the energy rich Central Asian States & the Financial liquid Gulf States 2. Trained Workforce Low cost skilled English speaking & flexible workforce Labour force of over 45 million Large pool of engineers, accountants, managers and IT Professionals 3. Economic outlook Average 7.3% GDP growth annually for the last three years 4. Investment Policies Liberal policies and profitable opportunities Liberal trade and low tariff regime 5. Financial Markets Karachi Stock Exchange is one of the best Stock Markets in the region 34

  26. Thank you

More Related