The outgoing coalition administration has recreated the Board of Investment (BOI) in an effort to leave a lasting legacy and sustain the initiative’s momentum after it was recently approved by the Special Investment Facilitation Council (SIFC).
According to sources, the federal cabinet has approved a summary in this matter, designating the prime minister as BOI’s chairman and naming the federal ministers of finance, foreign affairs, investment and trade, as well as the governor of the State Bank of Pakistan, the chairman of the Federal Board of Revenue, and the secretary of BOI to the board.
Government has included several members
Members of the board reportedly include the federal ministers of industry and production, energy, and information technology and telecommunications. According to sources, the investment board features private sector representatives Faisal Jawad and Mohammad Imran Masood.
Five new members have been inducted: Asad Salim Rehman, Khalid Mehmood, Talib Rizvi, Muhammad Yawar Irfan Khan, and Chaudhry Zulfiqar Ali Anjum. Additional board members include Engineer Haris Naeem, Syed Hasnain Ibrahim Kazmi, and Malik Muhammad Awais Khalid.
The investment board will also include Ayla Majid, Ayub Ahmed, and Syed Qasim Naveed Qamar, the Special Assistant to the Chief Minister (SACM) Sindh for Investment and the Public-Private Partnership Unit.
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