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SAZH-TAF Report -
Foreign Direct Investment 
Message from Team Lead


This project has been a condensed labour of effort and love. It was compiled in a short timeline of two months with the understanding that Pakistan needs to understand and solve this fundamental requirement of any emerging country.

In the process, we gathered an abundance of data from various exports, yet most revolved around the issues and few had answers to these issues. Thus, we sought to proactively mediate between our experts through interviews, discussions and roundtables on what solutions could be generated.

We discovered that the solutions also seemed to condense the issues, varied as they were, to few as well. Hence, the issues also began to coalesce into fewer and fewer basic problems, for which we could also devise collective solutions. We found that at times one issue had many solutions, while various issues could be solved by one solution. Hence this Report is structured in a way to give the range of solutions bearing in mind the various issues that precede them.

As is with the nature of such things, not every issue could find its solutions. Yet we are optimistic, as are our experts, that further discussions, and expanded portfolio of experts will also help generate solutions to the, as yet, elusive issues.

Furthermore, for the sake of brevity, we considered it best that the bulk of the content be available on our website, for any one eager to go deeper into the details, while this Report can discuss the heart of it all.

We hope you are able to glean value and information from these efforts. We feel there is much still to be done, yet we are happy and proud to put this before you.

Syed Akbar Hussain
Team Lead
SAZH Consulting LLP

Those that would prefer an abridged version of the report, please click below for it.

Please Email Us if you would like a copy

Those that would like to read the full Report, please scroll down

Executive Summary

This report aims to provide a comprehensive overview of the interviews and Round Tables conducted with stakeholders by SAZH Consulting LLP in collaboration with The Asia Foundation to evaluate the barriers and potential remedies regarding Foreign Direct Investment (FDI) and Doing Business in Pakistan for foreign investors. This report highlights the key barriers to influx of foreign investment and generated solutions, which will be shared with the relevant stakeholders, including policymakers, such as the Board of Investment (BOI), Ministry of Law and Justice (MOL) and other pertinent ministries and departments. The information in this report has been acquired by holding conversations with key individuals at:

  • internationally recognized law firms who routinely advise foreign investors,

  • the global top four accounting firms,

  • venture capitalist firms,

  • companies in various industries, such as power, telecom, etc. that seek and attract foreign investment,

  • chambers of commerce, as well as entrepreneurs that already do business or seek to do business with foreign investors,

  • various government sectors that engage regularly with foreign investors, such as the Privatization Commission, Board of Investment, etc.,

  • international organizations, such as TUV Austria, the International Law Association, UNDP, World Bank, etc.


Through this process we identified the following issues and developed and proposed targeted solutions through our stakeholder discussions and Round Tables.

Disclaimer: The information contained in this report and policy brief is for general informational purposes only. The report and policy brief is not intended to provide professional advice or services, and the author and organizations (SAZH Consulting LLP & The Asia Foundation) make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information, products, services, or related graphics contained in the report The Experts and Sources referred to in the Report and Policy Brief have shared their opinions in their personal capacity, which do not reflect the views or opinions of organizations that they may be affiliated with. Any reliance you place on such information is therefore strictly at your own risk. In no event will the author or organization(s) be liable for any loss or damage, including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this report. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.

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