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CHINESE TRADE DELEGATION TO EXPLORE INVESTMENT POSSIBILITIES

Investment Board PunjabLahore: With a view to explore the possibilities of investment and trade especially in the areas of home appliances, transport vehicles, leather processing and tourism, a Chinese trade delegation visited Punjab Board of Investment and Trade (PBIT) Head Office. The delegation was headed by Deputy Director General Bureau of Foreign Trade and Economic Cooperation of Guangzhou Municipality, China Mr. Cao Zhicong, comprising of leading businessmen/industrialists.

Chief Executive Officer PBIT, Muhammad Ilyas Ghauri, welcomed the delegation and highlighted some of the important facts about Punjab as more than half of country’s GDP is generated from Punjab and major industries are located in Lahore, Faisalabad and Sialkot. Director Communication, PBIT delivered a brief presentation on the organization’s core functions and achievements. Director General, Projects, Policy & Research, PBIT, Ms. Lubna Pathan and other members of the PBIT team were also present on this occasion.

Head of Chinese delegation informed PBIT members about another visit to Pakistan on October 27-28 2014. He said the focus of that visit would be Lahore, Faisalabad and Sialkot regions. Honorary Investment Consular, Pakistan Chico J Ullah, appreciated the efforts of Consul General to China, Babar Mian, as Mr. Mian gave a detailed overview of Punjab’s Investment climate to the delegation in China prior to their visit to Pakistan.

CEO, PBIT Ilyas Ghauri said that PBIT will play the role to address the concerns of the Chinese businessmen and requested the delegation leader to provide the profile and agenda of the coming delegation to PBIT so that necessary arrangements could be finalized to make the visit more fruitful for both countries.

 

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