A quick response COVID-19 task force to help save as many existing foreign direct investment projects as possible in Khyber Pakhtunkhwa (KP) province is one of the key elements of a new investment promotion strategy, launched by the KP Board of Investment and Trade (KP-BOIT) in partnership with IFC, a member of the World Bank Group.
KP-BOIT’s new five-year strategy is centered on proactively attracting investments and creating jobs. It also aims to generate reinvestment in the province and link foreign direct investment, FDI, to the domestic private sector to help kick-start businesses and minimize losses, lay-offs, and divestments to reduce the most immediate short-term implications of COVID-19, and promote new investment to support the recovery effort.