PCJCCI, PBIT for developing intelligent investment strategy

LAHORE, Jan 16 (APP):Pak-China Joint Chamber of Commerce and
Industry (PCJCCI) here Tuesday called for harmonization and coordination among the organizations working for country’s economic development.
PCJCCI President S. M. Naveed stated this while commenting on
a collaborative business programme concluded between PCJCCI with
Punjab Board of Investment and Trade (PBIT). He urged upon the public
and private organizations to strengthen networking and initiate
cohesive moves for economic development of the country. He hoped
that coordination of PCJCCI and PBIT would evolve innovative business
strategies to create an investment-friendly environment in Pakistan,
he added.
S.M. Naveed mentioned that the recent MOU signed with Punjab Board
of Investment and Trade was principally intended to amalgamate the
latest information, business statistics, market needs and challenges
to chalk out potential areas for investment. The cooperation of PCJCCI
and PBIT would help developing an intelligent strategy for enhancing
trade and investment and to facilitate local and foreign investors
with a special focus on CPEC (China-Pakistan Economic Corridor).
He asserted that this collaboration would lay down a strong
foundation for overcoming the challenges and making Pakistan a more
investment-friendly country. “We will make untiring efforts to deepen
and further expand trade and economic relations through harmonization
of standards, visa facilitation to businessmen and promotion of
investment avenues in various potential sectors including; textiles,
automobiles, real estate, agriculture, chemicals, food processing
and pharmaceuticals,” he resolved.
S.M. Naveed hoped that both Pakistanis and Chinese would equally
be benefited by the initiatives taken by PCJCCI and PBIT joint venture.
He explicated that PCJCCI was a trade organization and the objective
behind the establishment of this platform was to pave way for two-way
investments by eliminating hurdles between the business communities
of both China and Pakistan.
PCJCCI President also expressed deep gratitude to Jahanzeb Burana,
the CEO of PBIT, for his sincere cooperation to enter into a common
working pace with a nationalistic approach.