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The Punjab Board of Trade and Investment (PBIT) and the Tabassum International Trade Company signed an agreement on Friday to set up manufacturing plants and branch offices in the Punjab. Chairman Yusuf Tohti of the Tabassum Company, which is a major manufacturer of home appliances in China, signed the agreement. A board spokesperson claimed hundreds of people would get jobs once those manufacturing units were set up. "This venture will revolutionise the Punjab's commercial sector by expanding the low-end consumer industry," he added.

Copyright Business Recorder, 2015

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