The Perception and Investment Survey of the Overseas Investors Chamber of Commerce and Industry (OICCI) has found that near about three quarters foreign investors foresee continued growth in their businesses and plan to make further investments in Pakistan.

In percentage nearly 66pc respondents of the survey were found indicating plans for making new investments in business and human capital. Around 85pc of the respondents expect increased sales and 68pc anticipate a rise in their profits in coming years.

Yet another healthy sign was that the issue of energy shortages, which was listed as the second biggest challenge in the last three surveys, has dropped out of the list of top five challenges. However, law and order still remains in the top five list but it dropped two points down and at present is the biggest challenge on number three instead being the number one.

The results of the survey have been presented to Prime Minister Shahid Khaqan Abbasi. OICCI President Khalid Mansoor told the prime minister that the overall results of the survey reflect improved and positive sentiments of the members of the OICCI.

OICCI members also highlighted key concerns impeding fast growth in foreign direct investment (FDI), including a negative perception of the country against positive realities. They pointed out that a poor ranking on World Bank`s Ease of Doing Business Index and tax related matters, like the year-on-year continuation of three to four percent super tax, long delays in the settlement of refunds and a growing number of inter provincial coordination issues, can be managed by ensuring good governance.