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Related Keywords: All Pakistan Textile Mills Association, BoI, collaboration with different chambers of commerce, FDI flow, focus on textile and steel industries, organize road shows, Pakistan Board of Investment, stimulate foreign direct investment

The Board of Investment (BOI) to stimulate foreign direct investment (FDI) flow into the country with focus on textile and steel industries in collaboration with different chambers of commerce and All Pakistan Textile Mills Association (Aptma) will be organizing road shows.

Under the new work plan, road shows will be held in China, Germany and other major economies in coming months, said BOI spokesman Shah Jahan.

They expect huge foreign investment from different groups because of prudent policies, believing foreign investors were keen to invest in Pakistan.

Related Keywords: BoI, Chamber of Commerce and industry, Companies planning to invest in Special Economic Zones, Dr Miftah Ismail, get tax exemption, Minister of State and Chairman Federal Board of Investment, SEZs

Companies planning to invest in Special Economic Zones (SEZs) to get tax exemption, this was announced by Dr. Miftah Ismail, Minister of State and Chairman Federal Board of Investment (BoI), while addressing a gathering of business professionals at the office of Chamber of Commerce and industry.

According to this decision – likely to have a mammoth impact upon the business industry, all local and international companies who invest finances in establishing industries in these zones, can avail this facility.