Online platforms for investors launched in Pakistan

Online platforms for investors
Online platforms for investors in pakistan

NUT Desk- ISLAMABAD: The Board of Investment (BoI) on Monday launched three platforms to provide local and foreign investors ease of online registration for zone enterprises as well as a comprehensive database of existing and potential investors that will promote business activities. The three platforms Pakistan Regulatory Modernization Initiative Strategy (PRMI), Special Economic Zone Management System (SEZMIS) and Investor Relationship Management System (IRMS) were launched by World Bank Country Director Najy Benhassine, British High Commissioner to Pakistan Christian Turner and Senior Private Sector Specialist IFC Charles Schneider respectively.

while Explaining the objectives of the platforms, BoI Secretary Fareena Mazhar said the aim was to go for gradual transition to a paperless environment that will reduce the compliance burden for businesses. Secretary General Overseas Investors Chamber of Commerce & Industry Abdul Aleem and CEO Pakistan Business Council Ehsan Malik in their remarks expressed satisfaction with the government`s direction for acceleration of private sector growth through digitisation and reformation of the regulatory landscape.

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