BOI in MOU with Pakistan’s investment promotion agency

Prof. Lakshman R.Watawala signs the MOU on behalf of the BOI. At left is Riazul Haq, Director General, BOI Pakistan. At the centre is Dr Sarath Amunugama. Also present in the photo are Mano Wijeratne, T. Hewage, Dr. Nihal Samarapulli, Executive Director (Research), BOI, Duminda Ariyasinghe Executive Director (Promotion), BOI and senior Pakistani officials.

The Board of Investment of Sri Lanka signed a Memorandum of Understanding with the Board of Investment of Pakistan during the recent visit there by a high powered delegation headed by Dr. Sarath Amunugama, Minister of Enterprise Development and Investment Promotion.

The rest of the team comprised Mano Wijeratne, Minister of Enterprise Development, Thosapala Hewage, Secretary, Ministry of Enterprise Development and Investment Promotion, Chairman/ Director of the BOI, Prof. Lakshman R.Watawala and several senior officers of the Board.

The MoU was signed by Prof. Watawala and Talat Mian, Secretary, Ministry of Privatization and Investment of Pakistan. The MoU will strengthen all sectors related to investment in both countries. The other objective of the memorandum will be to provide facilitation for investment between the two countries.