Lahore: Punjab Board of Investment and Trade (PBIT) attracts global investment worth PKR 45 billion at International Business Conference held in Dubai International Financial City, according to news published on Monday (November 22).
Provincial Minister for Industries, Commerce, Investment, and Skill Development Department Mian Muhammad Aslam Iqbal, while witnessing the signing of 20 Memorandum of Understandings (MoUs), stated that Punjab is rapidly becoming the destination of global investment.
Provincial Minister for Finance Hashim Jawan Bakht, Provincial Minister for Higher Education & IT Raja Yasir Humayun, Special Assistant to Chief Minister (SACM) on Parks and Horticulture Authority (PHA) and Tourism Asif Mehmood, PBIT Chief Executive Officer (CEO) Dr Erfa Iqbal, and Ambassador of Pakistan to the United Arab Emirates (UAE) His Excellency Afzaal Mahmood were present at the Conference.
The provincial minister, while talking to the media, disclosed that the province has not only grabbed the attention of international companies but the local and global investors have expressed keen interest in the province as well. He added that the conference provided a glimpse into the economic future of the province.
During the conference, Provincial Minister Aslam introduced two new projects to promote and encourage investments and the growth of start-ups in the province. One of the initiatives introduced was Investment Portal – an online resource centre launched to facilitate investors and the business community in Pakistan and abroad. This initiative is being launched with the start-up moot and project exhibitions at the Pakistan Pavilion at Dubai Expo 2020. The second initiative launched was UAE Help Desk – an office space to be established in the country to attract investment to Punjab from the UAE business community.
Iqra holds BS in International Relations and is passionate about writing engaging content on trending real estate topics. When not working, she is either spending time with family, shopping, or discussing shows & movies.
