LAHORE: Both public and private sector organizations are striving hard to fully exploit the trade and investment potential of Punjab in collaboration with foreign investors.
The Lahore Chamber of Commerce & Industry President Abdul Basit said this while talking to a 5-member delegation of Chinese entrepreneurs at the Lahore Chamber of Commerce & Industry on Wednesday.
He said that Chinese investment in power, textile, pharmaceutical, dairy, livestock and agriculture sectors could bring two friendly countries more closer besides attracting much-needed foreign direct investment in Pakistan.
He said that in the context of ongoing project of China-Pakistan Economic Corridor, the need and importance of private to private contacts has mounted and in this scenario, the role of chambers of commerce has widened.
Pakistan is one of the top flourishing economies of the world and owns best geographical location, he added. Abdul Basit enlightened the Chinese delegation that Lahore has a special significance being the hub of business activities in Punjab.
He hoped that the state level cooperation between two countries would bring greater fortune to both countries.
The LCCI Senior Vice President Amjad Ali Jawa termed the CPEC a historic opportunity and said it would cast a far-reaching impact on Pakistan’s economy.
It offers equal opportunities of economic uplift to all provinces and regions of the country, he added.
He said that the economic corridor would help build modern transport infrastructure in the country and make country’s economy competitive in the international market.
