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Saudi delegation keen to bolster economic ties

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Pakistan and Saudi Arabia have renewed their commitment to bolster economic ties in diverse fields including agriculture, construction, livestock and social sector.

This commitment to strengthen economic relations was reiterated in an exclusive eeting organized by Punjab Board of Investment and Trade in honour of a high-profile Saudi delegation visiting Punjab.

The Saudi business delegation was led by H.E Mr. Fahad Albash followed by the members of the Saudi Business Chamber, while Dr. Javed Ahmed Qazi Secretary Industries & Commerce Punjab, Imran Amin CEO of Lahore Central Business District Development Authority (LCBDDA), Ahmer Malik CEO Punjab Board of Investment and Trade (PBIT), Brig (R) Mr. Mansoor Janjua COO LCBDDA, Amjad Ali Awan CEO Punjab Public Private Partnership Authority (PPPPA and other renowned industry leaders of Punjab were also present on the occasion.

While addressing the session Dr. Ahmed Javed Qazi Secretary Industries & Commerce Punjab said that “Government is dwelling to facilitate and create an atmosphere of ease for the business community. The social-economic indicators indicate the canvas of the economic growth of Punjab is massive. We would like to promote public-private partnerships and b2b linkages with Saudi Arabia. The major significant feature of

doing business in Punjab is its skilled workforce. We have 10 economic zones in the province and are rapidly multiplying it, the government has made the firm registration process as easy as plug and play. All these traits of healthy and easy business are feasible for international investors”.

CEO LCBDDA Imran Amin briefed the delegation on the most anticipated first-ever business district of Pakistan, Central Business District (CBD) Punjab. He highlighted the potential business opportunities for international and domestic investors in CBD Punjab. He said that Saudi Arabia has been a close ally of Pakistan in terms of business collaborations.

 

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