Pakistan Board of Investment
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| Pakistan Government | |
| Founded | October 1992 (as Pakistan Investment Board) |
| Headquarters | Islamabad and Karachi |
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Key people
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Dr. Miftah Ismail (Special Assistant to the Prime Minister / Chairman) Syed Iftikhar Hussain Babar (Secretary) |
| Products | Inward Investment support |
| Website | www.boi.gov.pk |
Board of Investment (BOI) is the investment promotion agency of Pakistan. The Board of Investment assists companies planning to invest in Pakistan or to expand their Pakistani operations. The Board of Investment is a member of the World Association of Investment Promotion Agencies (WAIPA).
The Pakistan Investment Board (PIB) was established in October 1990. Pakistan Investment Board (PIB) was renamed as Board of Investment and declared as part of the Prime Minister’s Secretariat with effect from 27 April 1994 and the Prime Minister became the President of the Board. Thereafter, the Board of Investment was declared as an attached department of the Ministry of Industries & Production in September 1996. The Board of Investment was transferred to Ministry of Privatisation & Investment in April 2003.
The Board of Investment is currently working as an autonomous body under the BOI Ordinance which was promulgated in March, 2001, with broad based responsibilities of promotion of investment in all sectors of economy; facilitation of local and foreign investors for speedy materialization of their projects and to enhance Pakistan’s international competitiveness and contribute to economic and social development.
In October 2008 the Board of Investment became a division within the newly formed Ministry of Investment. Following a re-organisation announced on 17 December 2009, the Ministry of Investment was abolished and the Prime Minister was pleased to announce that the Board of Investment has been placed under the administrative control of Prime Minister's Secretariat.
Achieve Steady improvements in the investment environment by:
Provide exemplary leadership as the apex investment promotion body by:
Strengthen linkages between public / private sectors by:
Board of Investment’s main objective is to support long-term and sustainable economic growth in Pakistan by stimulating foreign investments and providing specific services to its clients, organizing events, publishing promotional materials, offering tailored services to foreign potential and existing investors in Pakistan, in publishing news and analysis on the economic and business developments in Pakistan.
Pakistan, under the leadership of Board of Investment has attracted foreign direct investment worth more than US$21 billion so far in the current decade, which compares to total foreign direct investment of less than $3 billion in the previous decade.
Pakistan is recognized as the easiest country in South Asia for doing business. The World Bank's latest Ease of Doing Business Index report denotes Pakistan as the most welcome place to do business in South Asia ahead of India, Sri Lanka, Bangladesh etc. The report also positions Pakistan higher than the BRIC countries of Brazil, Russia, India and China.
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