Sindh Board of Investment (SBI) and Czech-Gulf Business Council (CGBC) of Czech Republic have signed a Memorandum of Understanding (MoU) to promote investment and trade in Sindh province. According to SBI official, the MOU was inked by the chairperson SBI Naheed Memon and the chairman CGBC Robert Pergl at a ceremony organized at the SBI office, here on Monday.
The agreement between SBI and CGBC envisages the cooperation for promoting investment and trade opportunities in Sindh. The CGBC will support SBI to attract Czech investment in Sindh by promoting potential business and investment opportunities.
The two sides may jointly arrange/hold relevant investment/trade conferences and seminars for furthering their goals domestically as well as internationally. The SBI shall attend and support delegations through CGBC during their visit to Sindh for exploring the possibilities of investment opportunities in different sectors of the economy of the province and the CGBC shall also do same in reciprocation.
SBI Chairperson Naheed Memon said Czech Republic has immense expertise in advanced engineering, designing and technology. She said that they were keen to benefit from Czech's expertise and technological advancement especially in urban planning, transport, energy, infrastructure development and automobile sectors.