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Govt to computerize land data to facilitate foreign investors: Chairman
BoI
By Adnan Rafique
ISLAMABAD—Federal government has decided to computerize date of land
available with provincial governments, army institutions, Pakistan
Railway and other public institutions.
This was told by chairman, Investment Board, Waseem Haqqi in an
interview here Saturday. He told that federal government has talked to
the provincial governments on this matter.
He indicated that President General Pervez Musharraf, in a meeting
recently held here has directed ministry of privatization and Investment
to talk to all the interested parties on the matter of availability of
land.
Another office bearer investment board has told government is likely to
receive $27 billion foreign investment in the next five years owing to
the steps taken by it to attract investment. The countries including
China, Pakistan, India, Bangla Desh and East Asian countries remained
conspicuous names for the foreign investors. On the other hand Pakistan
could get only 0.2 percent foreign investment in 2004. It registered
considerable increase in 2005. The foreign investment touched the level
of 1.52 billion dollars in 2005. Our target for the current year is set
over two billion dollars.
This office bearer told that government has decided to computerize land
record available with provincial government, railway and other
institutions to ensure facilities to investors.
He held that acquisition of land for foreign investors is a big
challenge. Government can help foreign investors resolve the problems
facing them in acquisition of land, he added.
It has been decided in a meeting held recently under the President
General Pervez Musharraf that land data will be computerized in bulk
sector as elementary step. |