In 2022-2023, OICCI member companies invested Rs 13 billion in Pakistan. This effort helped 40 million people. They worked with over 290 social groups. Their projects reached all four provinces, including Azad Jammu and Kashmir and Gilgit-Baltistan.
The OICCI’s 2023 CSR Report shows 210 foreign investors helping people. They focus on the UN’s 17 Sustainable Development Goals. Overseas Investors Chamber of Commerce & Industry (OICCI) President Rehan Shaikh said, “True business leaders show success through positive social impact.”
The report shows Overseas Investors Chamber of Commerce & Industry members focus on education. UNICEF reports that 23 million Pakistani children are not in school. Ahmad Zahid Zaheer from OICCI said, “In 2023, members gave Rs 2.3 billion to education. We worked with groups like The Citizen Foundation and STEM Pakistan.”
OICCI’s M Abdul Aleem thanked members for their support. He said, “Members also gave Rs 2.2 billion for clean energy and Rs 2.6 billion for decent jobs and growth. They donated Rs 2.1 billion to improve land.”
These donations funded many projects. They included solar panels for farmers, vocational training, tree planting, and waste management skills.
The 2023 Overseas Investors Chamber of Commerce & Industry CSR Report shows that MNCs care about social change. It also shows their commitment to growth in Pakistan. OICCI represents over 200 foreign investors from 30 countries. Their companies pay one-third of Pakistan’s taxes and work in 14 sectors. They help with technology, skills, and provide many jobs. Many Overseas Investors Chamber of Commerce & Industry members are listed on the Pakistan Stock Exchange and are part of Global Fortune 500 companies. They help 46 million people in need through their CSR activities.
To read our blog on “OICCI launches 2nd Pak’s climate conf. to propose solutions,” click here