Page 15 - February-March-2018

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EDANA wins

two European Project launched to
Project launched to

Association awards boost Pakistan’s global
boost Pakistan’s global

competitiveness for
EDANA won awards in two categories at the 2018 “Last October, during one of the peak busy times of
European Association Awards held at the 2017, which was a hectic year overall for our team, I competitiveness for
Steigenberger Hotel in Brussels. EDANA won the was crazy enough to burden us with this additional
Best Association Conference Award for OUTLOOK challenge: why not, to complement the on-going
foreign investment
appreciation of our members, apply and compete
™ 2017 and was honoured with silver in the for the acclaim of our peers in the most challenging
category for Best Provision of Industry Information environment, alongside dozens of other excellent foreign investment
and Intelligence for EDANA’s Marketing Intelligence European associations?” asked Pierre Wiertz,
service and tools (including the highly acclaimed General Manager of EDANA. “The result has been a
EDANA Stat App). most rewarding surprise and honour.”

Pakistan Board of Investment (BOI), in partnership
with the International Finance Corporation and World Naeem Zamindar also underscored the need to draw
Chinese, Pakistanis hold Bank with the support from the United Kingdom more overseas Pakistani business communities
government’s Prosperity Fund, has launched a
towards the country and on the need to integrate with
project to revive Pakistan’s global appeal as an
China, which is most likely to transform into a 30
business meetings for attractive location for both local and foreign invest- trillion-dollar economic wonder over the ensuing
twenty-five years.
ment. Chairman BOI Naeem Zamindar said Pakistan
Investment Climate Project aims to boost the coun-
joint ventures try’s investment competitiveness. The project will He said the enablers for this growth are opportunity
support BOI to improve Pakistan’s investment policy
to leapfrog due to technological revolution, “our
and promotion strategy.
integration in to the growing Chinese economy due
to China Pakistan Economic Corridor (CPEC) and the
It will also contribute to streamlining business opportunity to tape the capital and know-how of our
Pakistan China Joint Chamber of Commerce and members to Jinan and extended her precious regulation and creating opportunities for meaningful overseas strong diaspora.”
Industry (PCJCCI) organized B2B (business to regards and offer to fully cooperate with the linkages between foreign and local firms in key
business) meetings of 31-member high profile, Pakistani officials. The B2B meetings were sectors, Naeem said. At a Knowledge Exchange Retreat organized by the
multi-sector Chinese Trade delegation with Pakistani exclusively arranged by the members of PCJCCI to BIO, sensor officials from the World Bank Group and
businessmen, investors, and entrepreneurs. increase the scope of trade and investment. The Chairman BOI, highlighted about how Pakistan’s the IFC were pleased and upbeat at their collabora-
economy stands at a crucial vantage point with the tion with the BOI.
The delegation was headed by Teng Shuang, The Chinese entrepreneurs highly appreciated and potential to grow at the rate over 9%, technology
Deputy Minister China Council for the Promotion of were also satisfied with the positive response of the building momentum to lift the nation towards pros- Country Manager IFC Pakistan, Nadeem Siddiqui
International Trade Jinan. The Delegation came with companies during the meeting. It was observed that perity. said that “Pakistan has the potential to attract higher
a purpose to hold interactive B2B meetings with counseling with Chinese business community is levels of foreign direct investment in the coming
potential partners in Pakistan. The head of mandatory to increase the quantum of trade and For this, Pakistan must attract new investment which years, given the BOI’s investment promotion strategy
delegation, Teng Shuang invited the PCJCI investment opportunities in Pakistan. will help the country create jobs for its youth, as 65 taps into the economic potential of the provinces and
percent of young and growing population and its the opportunities arising from the development of
aspiration, he added. Special Economic Zones.”

February/March 2018 February/March 2018