Chief Operating Officer, Punjab Board of Investment and Trade (PBIT), Fazal Abbas Maken held a meeting with Dr Gregor Schotten, Counsellor of Political & Economic Affairs, Germany, to discuss and explore Pak-German Trade Relations and other matters of mutual interest at PBIT office here on Wednesday.
Fazal Abbas Maken welcomed the German guest and highlighted the key areas mutually beneficial to both countries including textile trade, exchange programmes for vocational training and enhancing exports to Germany. Dr Gregor Schotten endorsed PBIT's perspective by reciprocating similar views and further highlighting points of co-operation such as transfer of experts to build technical capacity, potential joint ventures in specific areas of energy and automobile sectors.
Punjab Board of Investment and Trade (PBIT) has facilitated the Dr Gregor Schotten with knowledge of investment opportunities in the province. In order to articulate interest, the investment projects and developed feasibilities have also been introduced.
The German Counsellor showed interest in opening of vocational institutes and transfer of hi-tech expertise and requested assistance in locating companies that could provide more input on it. The discussion session is followed by a meeting with Chairman TEVTA to further explore possibilities for opening vocational institutes.