{"id":68093,"date":"2020-07-17T09:32:00","date_gmt":"2020-07-17T04:32:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=68093"},"modified":"2020-07-16T17:35:55","modified_gmt":"2020-07-16T12:35:55","slug":"oicci-shares-data-foreign-investments-made-2019","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/oicci-shares-data-foreign-investments-made-2019.html","title":{"rendered":"OICCI shares data on foreign investments made in 2019"},"content":{"rendered":"\n<p>Karachi: The Overseas Investors Chamber of Commerce and Industry (OICCI) has released data on the consolidated financial contributions of its members during 2019 \u2014 with the reports revealing that \u00a0nearly PKR 1.2 trillion in revenue was contributed, while USD 3 billion was invested into the country, a news source reported today (July 16).<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/oicci-asks-for-transparent-policies-long-term-tax-incentive.html\" target=\"_blank\" rel=\"noreferrer noopener\">Ease of Doing Business: OICCI asks for transparent policies, long-term tax incentives<\/a><\/p>\n\n\n\n<p>The chamber, which represents 200 top foreign investors in Pakistan from 35 countries, also expressed concerns that regulatory challenges could debilitate Pakistan\u2019s attractiveness as a destination for foreign direct investment (FDI).<\/p>\n\n\n\n<p>OICCI President Haroon Rashid, while elaborating on the main features of the OICCI 2019 Annual Economic Contribution Survey, revealed that OICCI members contributed more than PKR 1.2 trillion, or PKR 5 billion each working day, to the tax revenue of Pakistan. This totals to nearly 1\/3<sup>rd<\/sup> of Pakistan\u2019s total revenue collection.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/foreign-investors-cautiously-optimistic-oiccis-survey.html\" target=\"_blank\" rel=\"noreferrer noopener\">Foreign investors \u2018cautiously optimistic\u2019: OICCI survey<\/a><\/p>\n\n\n\n<p>Two of OICCI members paid more than 100 billion in taxes each, Rashid revealed. He also added that major sectors included energy, tobacco, fast-moving consumer goods (FMCG) and food, telecommunication and banking.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The Overseas Investors Chamber of Commerce and Industry (OICCI) has released data on the consolidated financial contributions of its members during 2019 \u2014 with the reports revealing that \u00a0nearly PKR 1.2 trillion in revenue was contributed, while USD 3 billion was invested into the country, a news source reported today (July 16). Read: Ease of Doing Business: OICCI asks for transparent policies, long-term tax incentives The chamber, which represents 200 top foreign investors in Pakistan from 35 countries, also expressed concerns that regulatory challenges could debilitate Pakistan\u2019s attractiveness as a destination for foreign direct investment (FDI). OICCI President Haroon Rashid, while elaborating on the main features of the OICCI 2019 Annual Economic Contribution Survey, revealed that OICCI members contributed more than PKR 1.2 trillion, or PKR 5 billion each working day, to the tax revenue of Pakistan. This totals to nearly 1\/3rd of Pakistan\u2019s total revenue collection. Read: Foreign investors \u2018cautiously optimistic\u2019: OICCI survey Two of OICCI members paid more than 100 billion in taxes each, Rashid revealed. He also added that major sectors included energy, tobacco, fast-moving consumer goods (FMCG) and food, telecommunication and banking.<\/p>\n","protected":false},"author":57,"featured_media":61105,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[18630,34819,27332],"persona":[],"class_list":{"0":"post-68093","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-foreign-investments","9":"tag-oicci-shares-data-on-foreign-investments-made-in-2019","10":"tag-the-overseas-investors-chamber-of-commerce-and-industry-oicci","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>OICCI shares data on foreign investments made in 2019 - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The Overseas Investors Chamber of Commerce and Industry (OICCI) has released data on the consolidated financial contributions of its members during 2019 \u2014 with the reports revealing that nearly PKR 1.2 trillion in revenue was contributed, while USD 3 billion was invested into the country, a news source reported today (July 16).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/oicci-shares-data-foreign-investments-made-2019.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OICCI shares data on foreign investments made in 2019 - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The Overseas Investors Chamber of Commerce and Industry (OICCI) has released data on the consolidated financial contributions of its members during 2019 \u2014 with the reports revealing that nearly PKR 1.2 trillion in revenue was contributed, while USD 3 billion was invested into the country, a news source reported today (July 16).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/oicci-shares-data-foreign-investments-made-2019.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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