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Punjab govt devising plans to attract investment in key sectors: Basit

byCustoms Today Report
27/06/2015
in Business
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LAHORE: Chairman Punjab Board of Investment and Trade (PIBT) Abdul Basit has said that agreement between a Chinese company and Punjab government for 300 megawatt solar power project under China-Pakistan Economic Corridor (CPEC) would not only help resolve the energy crisis but would also pave way for huge foreign investment in the Punjab.

In a statement issued here Saturday, Abdul Basit while congratulating the Chief Minister Punjab, Mian Shahbaz Sharif, business community and masses, said that soon a number of agreements would also be signed for big projects.

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Abdul Basit said that completion of CPEC would bring progress and prosperity in the country.

He said that chief minister Punjab had already pledged to make Punjab a hub of economic activity and investment in the province was being promoted through a well planned strategy.

Chairman PBIT said that all the stakeholders were being taken on board to get their important feedback to make the Punjab a prosperous province.

He said that Punjab government was addressing all the key issues on priority basis to improve investment scenario.

Abdul Basit said that a number of sectors in Punjab including infrastructure development, coal, energy, agriculture, livestock, textiles and pharmaceutical offer lucrative investment opportunities to the potential investors. He said that a proper marketing strategy would be evolved to attract investment in the said sectors.

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