Thursday, May 29, 2025
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
Home Headline

Improved Security environment highly appreciated by foreign investors – OICCI 2019 Annual Security Survey findings

News Desk
July 9, 2019
OICCI
Share on FacebookShare on Twitter

OICCI’s 2019 annual security survey, conducted in June 2019, shows that the foreign investors, OICCI members’,  perception of the country’s security environment has further improved significantly compared to the already improved security situation recorded in the 2018 survey. The annual security survey, conducted among OICCI members only, is one of the critical annual assessment of the operating conditions in Pakistan and is taken very seriously by the potential foreign investors, relevant diplomats and other stakeholders interested in doing business in Pakistan.

Whilst overall responses clearly convey continued improvement in the general security environment, the increase in street crimes, an attack on Chinese Consulate in Karachi, sporadic religious/communal attacks in Baluchistan province and some consequences of the recent spat between India and Pakistan, are also reflected in this survey.

The 2019 Survey findings re-affirm that security environment all over the country has improved as compared to the already improved situation at the time of the last 2018 survey. The improvement in security environment ranges from 40% in Baluchistan to over 70% in Karachi and Lahore, the two cities where most of the head offices of OICCI members are located. The visibly improved security situation has boosted confidence of foreign investors and is reflected in over 65% increase in the visit to Pakistan by OICCI members’ senior HQ/Regional management.  Furthermore most of the Board of Directors and management review meetings are now taking place in the country. The increase in visits is a vote of confidence in the improved security environment, although there were also some postponement of visits, mainly due to closure of air space after India Pakistan air encounters in March 2019. This is a strong indicator that Pakistan as a destination for investors has improved significantly with less concern on overall security situation. This improved security environment has allowed many foreign business visitors and trade delegations being granted travel permissions for their visits to Pakistan from their respective embassies and travel security agencies. 

Commenting on the survey, the OICCI President Ms. Shazia Syed said that ‘the 2019 Security survey once again depicts that security environment in Pakistan for all key stakeholders, has substantially improved not only for the survey participants, but also for their customers, suppliers and employees”. Ms. Shazia further added “Overall, OICCI 2019 Security 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.”

The 2019 security survey results in respect of serious crimes like abductions/hostage taking and “Bhatta” demands indicated a massive reduction, led by KPK where 88% of respondents have reported a decrease over last year, followed by Lahore with 87% and Rest of Punjab/Karachi with 83%. Even in Quetta and rest of Baluchistan serious crimes are reported to be down by over 60%, as compared to last year. In respect of petty crimes i.e. mobile, cash snatching and car snatching, also the survey results indicate a downward trend ranging from 92% in Islamabad,  closely followed by 87% in Lahore, 83% in Karachi, 82% in Peshawar and 66% in Quetta.  

More than 300 foreign visitors from OICCI members HQ/Regional offices came to Pakistan during the year. The highest number were from European countries, followed by China,, UK, UAE, US and rest of Asia.

OICCI is the largest chamber of commerce in terms of economic contributions in Pakistan. The 190 OICCI members contribute about a third of the country’s total tax collections, invested $ 2.7 billion last year in new investments and employ about one million people, besides contributing significantly  to the socio economic development of the community through their substantive CSR initiatives.

Tags: OICCI
News Desk

News Desk

Welcome to our web desk! We're a dedicated team of digital enthusiasts passionate about delivering timely and engaging content to our online audience.

Related Posts

Zong Inaugurates State-of-the-Art Customer Service  Center in Rawalpindi
Headline

Zong Inaugurates State-of-the-Art Customer Service Center in Rawalpindi

May 28, 2025
On the 27th anniversary of Youm-e-Takbeer, the Armed Forces of Pakistan,
Headline

On the 27th anniversary of Youm-e-Takbeer, the Armed Forces of Pakistan,

May 28, 2025
Not in a flood zone? You could still flood. Find your home’s risk on our map.
Headline

Not in a flood zone? You could still flood. Find your home’s risk on our map.

May 28, 2025
Zubair Haider Shaikh, called on His Excellency Mr. Cemal Sangu, Consul General
Business

Zubair Haider Shaikh, called on His Excellency Mr. Cemal Sangu, Consul General

May 28, 2025
Al Furqan Welfare Organisation organised the result day for Branch 7, Korangi.
Headline

Al Furqan Welfare Organisation organised the result day for Branch 7, Korangi.

May 28, 2025
 Field Marshal Syed Asim Munir, NI (M), Chief of Army Staff (COAS),
Headline

 Field Marshal Syed Asim Munir, NI (M), Chief of Army Staff (COAS),

May 28, 2025
Managing Director of Sindh Education Foundation,
Headline

Managing Director of Sindh Education Foundation,

May 28, 2025
CCP Fines Housing Society PKR 150 Million for Misleading Advertising
Business

CCP Fines Housing Society PKR 150 Million for Misleading Advertising

May 28, 2025
“Pakistan Pavilion shines at Expo 2025 Osaka, Japan”, said Federal Minister for Commerce, Pakistan
Business

“Pakistan Pavilion shines at Expo 2025 Osaka, Japan”, said Federal Minister for Commerce, Pakistan

May 27, 2025
Burhan Mirza IT Investor: His Role in  Pakistan’s Tech Industry
Business

Burhan Mirza IT Investor: His Role in Pakistan’s Tech Industry

May 27, 2025
Next Post
Friesland Campina

Engro Foods Limited is now FrieslandCampina Engro Pakistan Limited

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Most Popular

Another leak: TikToker Somal Mohsin’s private videos go viral

Aga Khan University Celebrates Student Innovation at Concluding Ceremony of President’s Challenge for Climate Solutions

We will live with Covid19 for months. Let’s not deny it or panic: Dr. Faheem Younus

PHDEC’s Mango Bagging Initiative Boosts Export Opportunities in Jalalpur, Multan

Karachi Leadership Visits Dubai for Final Launch Preparations, Hanif Gohar

Must Read

Prime Minister being presented a book on one-year performance of the government by Prof Dr Ahsan Iqbal
Headline

Prime Minister being presented a book on one-year performance of the government by Prof Dr Ahsan Iqbal

March 5, 2025
Facebook
SCI-TECH

Facebook pages with large US following to require more authorization

August 11, 2018
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Home
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.