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Section 7
Functions, duties and powers of the office
The functions, duties and powers of the office shall be as follows:- (a) Calling for proposals from investors for competition in projects approved by the board, as prescribed. div> (b) Evaluate and analyze the investment proposals submitted by investors and submit them to the board,
(c) Negotiate or negotiate with investors based on the conditions approved by the board,
(d) Motivate the investors to implement the project as per the agreement,
(e) Monitor the implementation of the project and if it is found that the project is not implemented according to the schedule, recommend to the board to cancel the permission as specified,
div>(f) Solving the problems encountered in the implementation of the project,
(g) Alerting the investors if the approved project is not implemented on time and recommending action as specified if the project is not implemented even after being alerted,
(h) Making arrangements for the availability of financial or non-financial facilities given to investors,
(h) If it is found that the facilities provided in an area are insufficient or investment is discouraged due to any other reason, to submit to the Board the measures for its improvement,
(j) If it is deemed necessary to pay special attention to a particular investment sector or sub-sector, to submit the same suggestion to the board,
(k) To perform or cause administrative and other tasks specified by the board.