BOI set to introduce Asaan Karobar Bill in parliament to facilitate investors


ISLAMABAD – The Board of Investment has decided to introduce Asaan Karobaar Bill in parliament in another push to promote ease of doing business (EODB) in Pakistan.

It was learned that the Board of Investment (BOI) has completed the draft bill which will land in the parliament in the coming weeks.

All stakeholders mulled future strategy after a consultative workshop held earlier this week as the recommendations of the 80 participants, mostly from representatives from the public & private sectors, would be incorporated in the draft bill.

Sharing her views, Additional Secretary Ms. Ambreen Iftikhar said BOI is aware of the plights faced by contrasting investors in initiating their businesses. Other members pointed limited access to finances, lack of skilled labour, poor infrastructure, and a volatile business environment as key challenges.

Asaan Karobar initiative is a maiden of its kind partnership between the public and private sector to create a friendly environment to support the growth of businesses.

Last year, Asaan Karobar Programme was launched as part of the Small and Medium Enterprises (SMEs) Development Policy to lessen the compliance burden on businesses.