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Threats to businesses
N
signi cantly reduced: (http://n
OICCI survey
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RELATED NEWS
September 09, 2017
(http://nation.com.pk/Reporter/imran-
ali-kundi) (http://nation.com.pk/
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Aug-2017/banks-shou
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2017/banks- November
small
05, 2017
businesses, fa
leeds) (http://nation.com.pk/
shouldn-t- (http://nation.com.p
ignore- Aug-2017/banks-
Nov-2017/hydel-gene
small-
shouldn-t-ignore-sm
reduced-to-27-00mw)
businesses-farmers
(http://nation.com.pk/05-
businesses- Hydel generation
Nov- reduced to 27,00MW
ISLAMABAD - A latest survey farmers)
2017/hydel- (http://nation.com.p
(http://nation.com.pk/tag/survey) conducted by generation-
Overseas Investors Chamber of Commerce and
LATEST COMMENTS
reduced-to-
Industry (OICCI) showed that threats 27-00mw)
(http://nation.com.pk/tag/threats) and security
concerns have substantially reduced
(http://nation.com.pk/tag/reduced) in Pakistan for all
key stakeholders of businesses neutral Those martyrs
(http://nation.com.pk/tag/businesses) . include Dr Imran Farooq
who was killed in London
under ...
The OICC, which has nearly 200 overseas investors, (http://nation.com.pk/12-
conducted a survey (http://nation.com.pk/tag/survey) Nov-2017/mqm-p-
on Pakistan’s security situation. The 2017 OICCI leaders-visit-martyrs-
monument-offer-
(http://nation.com.pk/tag/oicci) security survey prayers)
(http://nation.com.pk/tag/survey) result mirrors the
improved security environment all over Pakistan,
especially in Karachi, in comparison to the last year
and greatly enhanced since the time prior to August
2013.

A significant majority of the respondents of survey


(http://nation.com.pk/tag/survey) were confident that
the general threats (http://nation.com.pk/tag/threats)
to business had reduced Eddied Clerics are
(http://nation.com.pk/tag/reduced) vis-a-vis last year threatening people with
and a look at the last survey death?...makes it hard to
believe ...
(http://nation.com.pk/tag/survey) in June 2016 echoed (http://nation.com.pk/12-
the improvement nation-wide with Karachi security Nov-2017/terrorists-in-
situation being given the thumbs up by 89 percent, the-capital)

closely followed by Lahore and rest of Punjab with 85


percent and 82 percent, respectively.

The OICCI’s 2017 annual security survey


(http://nation.com.pk/tag/survey) , which was Eddied as soon as it is
conducted in June 2017, highlights a positive delivered Turkey will
movement in the OICCI discover they have
bought ...
(http://nation.com.pk/tag/oicci) members’ perception (http://nation.com.pk/12-
of the country’s security environment. It reflects the Nov-2017/turkey-has-
foreign investors’ perception on the improving security completed-purchase-of-
russian-missile-defense)
environment in the country especially after the launch
of 2013 Karachi operations. The 2017 security survey
(http://nation.com.pk/tag/survey) respondents
experienced a reduction in the overall street crimes
with a 69 percent reduction in petty crimes ie mobile
and cash snatching and 90 percent decrease in the
higher intensity street crimes like car snatching. In
respect of serious crimes like abductions/hostage
taking and extortion demands, respondents across
Pakistan reported major reductions as compared to
2016, ranging from 94 percent decrease in Lahore,
closely followed by rest of Punjab and KP (93pc) and
Karachi (92pc).

OICCI (http://nation.com.pk/tag/oicci) members have


reported significant improvement in the confidence
and comfort of their staff on security matters which
had gone up further after the 86 percent increase
reported in the previous survey
(http://nation.com.pk/tag/survey) , as the staff now
feel even more comfortable in their everyday
commute to or from the workplace. More significantly
a noteworthy feedback from the latest OICCI
(http://nation.com.pk/tag/oicci) security survey
(http://nation.com.pk/tag/survey) is that a higher
number of expatriate business visitors have travelled
to Pakistan in the past one year and most of the
business related meetings are now being held within
Pakistan which prior to August 2013 were conducted
in other countries due to security concerns. This is a
strong indicator that Pakistan as a destination has
improved on the security concerns map and that such
foreign businessmen are being granted travel
permissions for their visit to Pakistan from their
respective embassies and travel security agencies.

An overwhelming 62 percent respondents reported


substantial increase in the number of overseas
visitors to Pakistan as compared to last year. The
highest number of OICCI
(http://nation.com.pk/tag/oicci) member foreign
visitors were from European countries, including UK,
followed closely by visitors from Middle East, China,
Singapore, USA and Japan. “The 2017 survey
(http://nation.com.pk/tag/survey) once again re-affirms
that threats (http://nation.com.pk/tag/threats) and
security concerns have substantially reduced
(http://nation.com.pk/tag/reduced) in Pakistan for all
key stakeholders of businesses
(http://nation.com.pk/tag/businesses) including OICCI
(http://nation.com.pk/tag/oicci) members.

The security environment has substantially improved


not only for the survey
(http://nation.com.pk/tag/survey) participants,
meaning foreign investors, but also for their
customers, suppliers and employees,” said OICCI
(http://nation.com.pk/tag/oicci) President Khalid
Mansoor.

“Overall, OICCI (http://nation.com.pk/tag/oicci) 2017


Security (http://nation.com.pk/tag/survey)Survey
(http://nation.com.pk/tag/survey) feedback points to a
clear appreciation by the foreign investors of the
various initiatives of the government and the security
agencies in proactively tackling the security, law and
order challenges which had serious repercussions on
the image of the country as a safe destination for
FDI,” he added. Encouraged by the significant
improvement to date, the authorities are urged to
maintain high level focus on further improving
security, law and order to bring it at par with the
international standards in order to help boost inflow of
FDI in addition to the CPEC investment planned for
the country in the near term.

More by Imran Ali Kundi (http://nation.com.pk/Reporter/imran-


ali-kundi)

TODAY'S READ MORE

November 13, 2017


Most Viewed | Most (http://nation.com.pk/
Commented
Nov-2017/utilising-co
meet-energy-demands
(http://nation.com.pk/13-
KP govt to setup increase-pollution-lev
Nov-
CPEC IT park in Utilising coal to mee
2017/utilising-November 13, 2017
energy demands ma
Peshawar coal-to- (http://nation.com.pk/
increase pollution le
meet- (http://nation.com.p
Nov-2017/pra-rejects
(http://nation.com.pk/12- Nov-2017/utilising-
chinese-cos-letter-opp
energy-
Nov-2017/kp-govt- to-meet-energy-
(http://nation.com.pk/13-
demands- st)
Nov- demands-may-incre
to-setup-cpec-it- may- pollution-level)
PRA rejects
November 13,Chinese
2017
2017/pra- letter opposing ST
park-in-peshawar) increase- (http://nation.com.pk/
rejects- (http://nation.com.p
pollution- Nov-2017/pra-rejec
chinese-cos- Nov-2017/declining-tr
level) chinese-cos-letter-
in-cement-exports-
letter-
opposing-st)
(http://nation.com.pk/13-
US Congress opposing-st) continues-in-oct)
Nov-
authorises $700m Declining 13,
trend in
2017/declining-November
cement exports
2017
for Pakistan under trend-in- (http://nation.com.pk/
continues in Oct
cement- (http://nation.com.p
Nov-2017/banking-se
CSF Nov-2017/declining
exports- pro ts-decline-by-2pc
(http://nation.com.pk/12- trend-in-cement-
(http://nation.com.pk/13-
continues- Banking sector pro
exports-continues-
Nov-
Nov-2017/us- in-oct) decline
oct) by 2pc
2017/banking-(http://nation.com.p
congress-authorises- sector-
700m-for-pakistan- pro ts-
under-csf) decline-by-
2pc)

Don’t get ‘too close’


to Iran, US asks Pak
(http://nation.com.pk/13-
Nov-2017/don-t-get-
too-close-to-iran-us-
asks-pak)

Turkey has
completed purchase
of Russian missile
defense
(http://nation.com.pk/12-
Nov-2017/turkey-
has-completed-
purchase-of-russian-
missile-defense)
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