The Punjab government has launched the "Specialized Investment Vehicle" and "Punjab Investors Handbook 2018" to highlight the reforms agenda meant for investor friendly environment in Punjab. The Investment Climate Reform Unit (ICRU), Planning & Development Department Punjab organized a seminar titled the 'Investment Climate Enablement Seminar: Setting the Investment Enabling Reform Agenda for Punjab'.
The seminar was attended by Sheikh Alauddin, Provincial Minister for Industries; Mohammad Jehanzeb Khan, Chairman P&D Board; Patchamuthu Illagovan, Country Director, World Bank Group; Farid Ahmed Khan, CEO HBL AML and eminent guests both from the public and private sectors to reaffirm the Government of Punjab's commitment to establishing an enabling business environment in the Province.
The SIV, structured by Farid Khan, CEO HBL Asset Management LT provides a mix of funded & non-funded products for a varying size of businesses, as well as research grants for educational institutions & think tanks. These will include both secured & unsecured loans, as well as credit guarantees.
Whereas, the Investor's Handbook 2018 has been developed by the ICRU to assist potential investors looking to establish themselves in the Punjab and existing investors to diversify or expand. It will be placed at airports, business chambers and other such places and will also be translated into the Mandarin & Turkish languages for the convenience of overseas investors. It covers key industrial sectors, important contacts & registration processes to establish operations in the Punjab.
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