OICCI appreciates improved security environment in Pakistan

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ISLAMABAD, July 17 (APP): Organization of Islamic Chamber of
Commerce and Industry (OICCI) in its annual security survey highly
appreciated the improved security environment in Pakistan.
The OICCI’s 2017 annual security survey which was conducted in June
2017 had highlighted a positive movement in the OICCI members’ perception of the country’s security environment.
This comprehensive security survey is conducted every year
since 2015. It reflects the foreign investors’ perception on the
improving security environment in the country especially after the
launch of 2013 Karachi operations.
The 2017 security survey respondents experienced a reduction
in the overall street crimes with a 69 percent reduction in petty
crimes like 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 “bhatta” demands-respondents across Pakistan reported major
reductions as compared to 2016.
It was decreased by 94 percent in Lahore, closely followed by
rest of Punjab and KP by 93 percent and Karachi by 92 percent, it
added.
The OICCI members reported significant improvement in the
confidence and comfort of their staff on security matters which had
gone up further.
A higher number of expatriate business visitors had travelled
to Pakistan in the past one year and most of the business related
meetings were now being held within Pakistan which prior to August
2013 were conducted in other countries due to security concerns, it
added.
An overwhelming 62 percent respondents reported substantial
increase in the number of overseas visitors to Pakistan as compared
to the last year.
The highest number of OICCI members foreign visitors were from
European countries, including UK, followed closely by visitors from
Middle East, China, Singapore, USA and Japan.
Commenting on the survey findings, OICCI President Khalid
Mansoor said, “The 2017 survey once again re-affirms that
threats and security concerns have substantially reduced in Pakistan
for all key stakeholders of businesses including OICCI members.
The security environment has substantially improved not only
for the survey participants, meaning foreign investors, but also for
their customers, suppliers and employees”, he added.