British investors keen on investing in Punjab

British investors keen on investing in Punjab

LAHORE:A delegation of British investors led by UK Parliamentarian Rehman Chishti in a meeting with Punjab IC&T Minister Sheikh Alla-u-Din here Tuesday, showed keen interest to invest in Punjab's projects.

On this occasion, Provincial Minister Industry, Commerce and Trade (IC&T) said that British investors' visit would further promote friendly and bilateral trade relations, adding that Pakistan always gave great importance to its relations with the UK.

Sheikh Alla-u-Din was of the view that it was the best opportunity to promote relations between the UK and the province of Punjab as further promotion of mutual relations in different sectors was need of the hour.

UK Parliament MP Rehman Chishti said that Pakistan was a peaceful country which had rendered supreme sacrifices to counter the menace of terrorism and it had achieved marvelous successes in this direction.

Chief Minister's Advisor Khawaja Ahmed Hassan said that they would  have to move further, asserting that Pakistan had in the past been faced with severe energy crisis, however, the present government mad hectic efforts to do away with this grave problem and now the situation had substantially been improved. Punjab government, he added, had set up electricity generation projects of 3600-megawatt from their own resources.

While, Punjab Board of Investment and Trade (PBIT) CEO briefed the delegation that important reforms had been introduced in education, healthcare and skills development sectors in collaboration with Department for International Development of the UK. He also appreciated the British cooperation and said Punjab province was willing to further promote this cooperation with London so that people from both sides could be benefited.

Lahore Knowledge Park Company (LKPC) CEO also gave a short presentation.The delegation vowed to work collectively to enhance investments that would be beneficial for both the sides.

British Deputy High Commissioner Elin Burns, Deputy Director and First Secretary Matt Lister, Representative of Deloitte Ali Aziz, Mark Gill, Farmida Bi, Stephen hart, Micheal Dryer, Saad ul Islaam, Waqarullah and Pakistani investors were also present.APP/AFP