Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Punjab: CM invites US traders to invest
09-12-2009, 05:33 AM
Post: #1
Punjab: CM invites US traders to invest
A body of the American Business Forum led by its president Rizwanullah Khan met Punjab Chief Minister Shahbaz Sharif at the Chief Minister’s Secretariat on Friday.

The body of executive members briefed the CM on economic and trade activities of the forum in Punjab as well as investment in various projects. Measures taken for promotion of foreign investment were also discussed.

Talking to members, the CM said the Punjab government was working on various projects for generation of energy from hydel power and coal for coping with energy crisis. He invited the American Business Forum to invest and cooperate in these projects. He said that complete transparency is being maintained in implementation of all projects of power generation. He said Punjab had massive coal reserves and power generation plants will be set up in DG Khan and Chakwal for generation of energy. He said that coal will be acquired from Balochistan for the plant in DG Khan and negotiations have been held with Balochistan government in this regard. He said the Punjab government had created conducive atmosphere for foreign investment and all-out encouragement was being extended for this purpose.

The CM said that complete protection will be given to foreign investors in Punjab. He said that an investment board consisting of professionals had been set up for the promotion of trade and industrial activities in the province. He said the American Business Forum was playing a commendable role with regard to bilateral relations, economic cooperation as well as development of the province. He said that the forum should also come forward to assist in the projects of power generation and benefit from investment opportunities. He said the forum should also give its proposals with regard to promotion of information technology and IT park.

Rizwan while said that Punjab was the hub of economic and trade activities and there were vast investment opportunities in the province. He said that Punjab was an ideal place for foreign investment and American Business Forum had keen interest in investing in various projects. He said that all out assistance will be offered in information technology, power generation and other sectors.

MNA Khawaja Muhammad Asif, Senior Political Assistant Pervez Malik, Punjab Investment Board Vice-Chairman Pir Saad Ahsanuddin, the commerce secretary and members of executive body of American Business Forum were present on the occasion.

http://www.thenews.com.pk/daily_detail.asp?id=197957
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  RUDA Invites Bids For Development Of Chaharbagh Apartments LRE-Azan 0 527 04-11-2023 05:16 PM
Last Post: LRE-Azan
  When the right time's to invest in Pakistan property? LRE-Azan 0 4,034 09-15-2018 02:06 PM
Last Post: LRE-Azan
  LDA invites applications For 1.5 kilometers long two-lane dual carriageway flyover Salman 0 5,517 03-17-2014 01:31 PM
Last Post: Salman
  FDI: Movenpick to invest $30m in Pakistan Salman 0 3,999 02-10-2014 02:45 PM
Last Post: Salman
  LDA invites proposals for new bank square Salman 0 5,501 09-16-2013 04:43 PM
Last Post: Salman
  Traffic System Destroyed In Bill Road Market, Traders Perplexed Salman 0 6,771 09-11-2013 07:35 PM
Last Post: Salman
  Traders give 3-day deadline to CDA Salman 0 3,569 02-18-2013 06:55 PM
Last Post: Salman
  Commercialisation fees: DCO seen as going soft on traders ahead of elections Salman 0 3,807 01-29-2013 04:04 PM
Last Post: Salman
  Chinese firms willing to invest in Pakistan Salman 0 4,717 12-07-2012 12:31 PM
Last Post: Salman
  CM invites Chinese investment in energy and mining Salman 0 4,279 06-12-2012 12:48 PM
Last Post: Salman
  CM invites Turk help for southern loop of Ring Road Salman 0 3,984 05-26-2012 12:26 PM
Last Post: Salman
  Australian traders see Punjab as attractive investment region Salman 0 3,697 05-05-2012 12:22 PM
Last Post: Salman
  CM invites Turk investment for power generation sector Salman 0 3,805 05-05-2012 12:21 PM
Last Post: Salman
  Pakistan is land of opportunity for UAE traders: Gilani Salman 0 3,814 12-01-2011 12:23 PM
Last Post: Salman
  ZONG to invest more in Pakistan Lahore_Real_Estate 0 3,452 08-18-2011 03:23 PM
Last Post: Lahore_Real_Estate
  Yamaha to invest $150m in Pakistan Lahore_Real_Estate 0 3,294 08-04-2011 12:55 PM
Last Post: Lahore_Real_Estate
  Zardari invites Turkish businessmen to invest in Pakistan Lahore_Real_Estate 0 4,114 12-24-2010 04:36 PM
Last Post: Lahore_Real_Estate
  Gilani invites Shahbaz to meeting on gas management Lahore_Real_Estate 0 3,385 12-18-2010 03:07 PM
Last Post: Lahore_Real_Estate
  President invites private sector investment in mega projects Lahore_Real_Estate 0 2,877 11-06-2010 12:31 PM
Last Post: Lahore_Real_Estate
  China to invest around $1 billion in IT sector Lahore_Real_Estate 0 3,181 05-27-2010 12:02 PM
Last Post: Lahore_Real_Estate

Forum Jump:


User(s) browsing this thread: 2 Guest(s)