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Home Business

Investors satisfied with security situation: survey

by Web Desk
July 29, 2021
in Business, Economy
Reading Time: 1 min read
0
security
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The overall security environment in Pakistan has improved in the past year, according to the Annual Security Survey 2021 conducted by the Overseas Investors Chamber of Commerce and Industry (OICCI), a representative body of top 200 foreign investors.

The security environment improved especially in Lahore (as per 61 per cent of the respondents), Khyber Pakhtunkhwa (59pc), the rest of Punjab (53pc) and Karachi (51pc). Some members expressed concerns with respect to the growing street crimes, especially in Karachi.

The survey was conducted from May 21 to June 21. About two-thirds of the OICCI members have their head offices in Karachi with operations all over the country.

Security remains one of the top three concerns for 62pc of the respondents, a marginal improvement over 70pc respondents in the 2020 survey. Despite Covid-19–related travel restrictions since March 2020, visits by OICCI-related foreign nationals continued during the past one year albeit at a lower frequency. Foreign business visitors were mainly from China, United Kingdom, United States, Germany, Japan, United Arab Emirates and some other European and Asian countries.

Tags: LahorelatestOICCIsecurity situationsurvey
Web Desk

Web Desk

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