Dutch company takes interest in investment in Pakistan
Pakistan Times Business & Commerce Desk

ISLAMABAD: A six-member delegation led by Mr. Clever,, Head of SHV Holdings (a Dutch Company) alongwith House of Habib held a meeting with Chairman, Board of Investment here on Friday and took interest in investment in various sectors particularly in food chain in Pakistan.

Mr. Clever during the meeting expressed keen interest to invest in various sectors particularly food chain stores on the style of Costco, USA.

This food chain store will sell 80% food items such as fresh fruits, vegetables, fish, and meat etc. on wholesale basis.

The estimated investment outlay of the project is around $ 150 million.Chairman, BOI, Waseem Haqqie, briefed the delegation about the overall economic situation and investment climate of Pakistan.

He informed that all sectors of Pakistan economy are open for foreign investment with 100% equity.

There is no restrictions on the remittance of profit, capital, dividends royalty and technical fee.

The Chairman also informed the visiting delegation that we are following the policies of deregulation, liberalization and the privatization process is very transparent.

The favourable investment climate in Pakistan and the economic indicators moving towards positive direction attracted large number of foreign companies from abroad in various sectors.●