BOI hosts Regulatory Reforms Workshop in Lahore to advance business-friendly reforms

In pursuance of the Government’s agenda to promote a business-friendly regulatory environment, the Board of Investment (BOI) convened a Regulatory Reforms Workshop in Lahore, aimed at strengthening coordination with stakeholders and building institutional capacity for the effective implementation of regulatory reforms.

The workshop was attended by senior officials from various government departments, representatives of the private sector, and regulatory bodies. The objective of the session was to enhance understanding of regulatory modernization, promote best practices, and gather feedback from stakeholders for the ongoing reform process.

Mr. Mahmood Tufail, Director General, BOI, delivered opening remarks followed by a detailed presentation on the national regulatory reform agenda’s structure, objectives, and progress. A brief presentation on Asaan Kaarobar Act was delivered by Mr. Usman Khan, Investment Lead, ReMIT, FCDO.

A technical session was led by Mr. Armando Ruiz, International Expert from Jacobs, Cordova & Associates, who conducted training on business process mapping, re-engineering, and global best practices in regulatory simplification. The session provided actionable tools and frameworks for designing effective and investor-friendly regulations.

The workshop concluded with closing remarks by the Ms. Ambreen Iftikhar, Additional Secretary, BOI, who reaffirmed BOI’s commitment to simplifying regulatory procedures, reducing compliance costs, and improving the ease of doing business in Pakistan. She stated that the Government of Pakistan, under the directives of the Honorable Prime Minister, has prioritized regulatory reform as a key driver of economic growth and private sector development. She also thanked the participants and encouraged them to be part of such initiatives and be agents of change.

The workshop is part of a series of nationwide engagements being organized by BOI to foster dialogue and build consensus for regulatory reform, as part of its mandate to facilitate investment and promote economic development across the country.