30 November 2004

Azam & Rai Partner appointed Consultant to the World Bank for its 'Doing Business Report'

Sector: Business & Investment Regulatory Laws
Mr. R.M.S. Azam, Partner, was appointed Consultant to the World Bank for an assignment with the Investment Climate Department and participated in the Doing Business Report jointly prepared by the World Bank and the International Finance Corporation, Washington D.C. – a task assigned only to the most competent and leading lawyers of any given country. The Pakistan aspect of this project has been undertaken by only a handful of reputable lawyers from a select group of leading Pakistani law firms. The Doing Business Database provides indicators of the cost of doing business by identifying specific regulations that enhance or constrain business investment, productivity, and growth and provides objective measures of business regulations and their enforcement. The Doing Business indicators are comparable across 145 economies and are developed by the Private Sector Vice Presidency of the World Bank Group in cooperation with Lex Mundi association of leading law firms, the International Bar Association and Yale University's International Institute for Corporate Governance.