Coal gasification plant: PBIT to assist GCC in nomination of foreign partners

Punjab Board of Investment & Trade (PBIT) will assist Gujranwala Chamber of Commerce (GCC) in nomination of foreign technology partners for a coal gasification plant. The GCC will also nominate a consortium of companies for the plant. The nominated consortium of companies works together with the proposed technology partners and shall work to develop on-site coal gasification solutions for industrial units.
This was announced during a visit of senior officials from PBIT to GCC where members of the GCC expressed concerns over the worsening energy crisis. On the occasion, President of GCC, Malik Zaheer thanked the Vice Chairman PBIT Dr Miftah Ismail and his team comprising Dr Sajid Yosufani, Dr Habib Gillani, Waqas bin Najeeb and Moazzam Husain for visiting GCC for initiating a series of important interactions between both the organisation for developing business climate in Punjab and supporting trade from this region.
PBIT team also shared investment opportunities in agro processing, dairy, poultry and meat processing sectors with the members of GCC and assured to support and facilitate the investors. Replying to a question, Additional Commissioner Gujranwala said that CM's GT Road Beautification Project is underway and a number of play grounds are also being developed in Gujranwala.
Members of GCC suggested an up gradation of manufacturing through engineering development for which PBIT offered its assistance. Gujranwala division is an important economic zone of Pakistan, which contains 60 per cent of Pakistan's overall SME's and contributes 30 per cent to Pakistan's total exports. Member National Assembly Bashir Virik, Additional Secretary Livestock, and DG Gujranwala Development Authority were also present at the occasion.