H.E.Thomas Drew, British High Commissioner Pakistan, accompanied by Ms Elin Burns, BDHC and Director Trade and Investment, visits the OICCI

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H.E.Thomas Drew, British High Commissioner Pakistan, accompanied by  Ms Elin Burns, BDHC and Director Trade and Investment, visited the OICCI on March 21, 2018 to meet members and to get an overview of OICCI business perspective on current political and economic situation, including any perceived impact due to the upcoming general elections in the country, as well as members views on the reforms on ease of doing business. MC Members Shazad Dada. Past President, Shahab Rizvi and SG M. Abdul Aleem welcomed the guests along with CEOS of 8 member companies.

The OICCI Presentation included a brief profile of the Chamber, results of the OICCI sponsored Business Confidence Index survey, wave 15, released in November 2017, which shows that the business community confidence has gone up by a good margin as compared to the last survey,  – the High Commissioner was informed by the SG that the survey respondents included some OICCI members, selected randomly, and these leading foreign investors continue to remain relatively more positive as compared to the overall business community perception. The SG also emphasized that the survey was not one-dimensional as 44% respondents were positive and 23% expressed  negative views on the business environment expressing growing concerns on ad-hocism and  improper policy implementation. He also shared a few slides from the OICCI members Perception and Investment Survey 2017, which he informed were released during a meeting of the MC members with the Prime Minister of Pakistan on January 10, 2018. Other slides and comments shared by the participants included OICCI members perception on why the country is not able to attract large FDI and suggestions for improvement of the Business environment.

The British High Commissioner appreciated the presentation and the input given by the participants and shared that the High Commissioner’s mandate included, amongst other matters, increasing the Trade and Investment between UK and Pakistan, working with the concerned authorities to ensure the business climate is made more receptive to business needs and that he will make use of the feedback received today to play his due role.

© 2012 Overseas Investors Chambers of Commerce and Industry
The Overseas Investors Chamber of Commerce & Industry (OICCI) serves as the national point of reference for foreign investors in Pakistan. Established in 1860 as the Karachi Chamber of Commerce, it is the oldest of the existing chambers.