Punjab Chief Minister, Chaudhry Pervaiz Elahi has offered maximum incentives to Chinese investors for investment in Punjab under private-public partnership scheme.
According to a handout issued here on Sunday, in his presidential address to an investment conference at Shangai the Chief Minister said that Punjab is a best place for investment for Chinese industrialists and traders. The conference was largely attended by industrialists relating to electronics, mineral development, textile, tourism, power generation, real estate, media and other industries.
The Chief Minister said that Punjab government is providing resources in the industrial sector along with education and health as a result of which a conducive climate has been created for biggest investment in the province.
After the conference, two important MoUs were signed between the Chinese investors and Bank of Punjab.
According to the first agreement Bank of Punjab will ensure better financial facilities to Chinese investors while under second MoU they will invest in a mega project of international standard markets and stores in the province.
Under the first phase of this project, 150 hyper markets would be set up in different cities and after that more than one thousand convenience stores would be opened throughout Punjab.
Comments
Comments are closed.