Pun­jab on verge of eco­nomic take­off: CEO PBIT

Pakistan Observer - - ECONOMY WATCH -

LA­HORE—A three-mem­ber del­e­ga­tion from In­dus­trial and Com­mer­cial Bank of China (ICBC) called on the CEO Pun­jab Board of In­vest­ment & Trade (PBIT) Amena Cheema on Fri­day at PBIT head of­fice. The del­e­ga­tion mem­bers in­cluded, Ed­mund Chen Yu (Gen­eral Man­ager of ICBC La­hore branch), Baron Yuan Baoxin (Deputy Gen­eral Man­ager ICBC La­hore Branch) Ah­mad Tariq (Re­la­tion­ship Man­ager, ICBC). The CEO PBIT ap­prised the ICBC del­e­ga­tion about on­go­ing de­vel­op­men­tal pro­jects in Pun­jab in a range of sec­tors in­clud­ing agri­cul­ture, con­struc­tion, en­ergy, in­fra­struc­ture and min­ing.

She said, “un­der the lead­er­ship of Chief Min­is­ter Shah­baz Sharif, Pun­jab is on the verge of an eco­nomic take-off.” She said, “While China and Pak­istan hold ex­em­plary re­la­tions in ev­ery re­spect, there is still con­sid­er­able room to fur­ther ex­pand bi­lat­eral eco­nomic co­op­er­a­tion.” The ICBC del­e­ga­tion in­formed CEO PBIT that their bank was fully com­mit­ted to pro­mote busi­ness re­la­tions be­tween Pak­istan and China.—APP

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