Investment promotion: ‘Punjab to be made hub of economic activity’

The PBIT chief stressed the importance of a proper marketing strategy for the promotion of investment

LAHORE:

Punjab Board of Investment and Trade (PBIT) Chairman Abdul Basit has pledged to make Punjab a hub of economic activity in the true sense of words.

In a statement issued on Wednesday, he said investment in Punjab would be promoted through a well-planned strategy and stakeholders would be taken on board to get feedback.

“There is a dire need to promote economic activity by strengthening the private sector as internal dynamism has faded away due to acute energy shortage, deteriorating law and order situation and political instability,” he said.

The PBIT chairman said a number of sectors including infrastructure development, coal, energy, agriculture, livestock, textile and pharmaceutical offered lucrative investment opportunities to the potential investors.

He also stressed the importance of a proper marketing strategy for the promotion of investment in these sectors.

Published in The Express Tribune, March  26^th,  2015.

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