Investment: OPF to hold business conference for expats

November 23, 2013 8:12 PM

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Politi­cal stabil­ity can pave way for overse­as invest­ment.

Overseas Pakistanis Foundation (OPF) Managing Director (MD) Iftikhar Babar announced to hold an exclusive business conference of overseas Pakistanis following the government’s vision 2025.

Babar said that added incentives would be offered to attract overseas Pakistani investors including establishment of exclusive economic zones.

He said that there are various projects and schemes of OPF where investors could benefit from, including OPF housing, health and educational schemes.

“OPF has been serving in different walks of life involving welfare, health and education,” said Babar.

During the meeting, he discussed OPF’s desire to establish a hospital exclusively for overseas Pakistanis and their dependents.

He said that the OPF had requested the Capital Development Authority (CDA), Lahore Development Authority (LDA) and Karachi Development Authority (KDA) to reserve a quota for overseas Pakistanis in their housing and commercial schemes.

Meanwhile, speaking about the OPF’s development programme, he said that the educational and vocational institutes had been upgraded, along with efforts to provide skilled labour abroad.

The meeting was held to discuss the contributing role of overseas Pakistanis towards the economic growth in Pakistan. Along with the short and long term schemes the members also discussed the incentives that could be offered to investors.

Babar said that the continuity of policies, political stability and improvement of law and order situation in the country would pave ways for overseas investment.

Members of the OPF Board of Governors appreciated the efforts rendered by the company’s MD and ensured complete support towards future programmes.

Source: tribune.com.pk

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