PCJCCI, PBIT aim to develop intelligent strategy for business-friendly Pakistan

ISLAMABAD - The President of Pak-China Joint Chamber of Commerce and Industry has called for harmonisation and coordination among the organisations working for the economic development of the country.

Commenting on a collaborative business programme between PCJCCI with Punjab Board of Investment and Trade (PBIT) the other day, SM Naveed urged upon the public and private organisations to strengthen networking and initiate cohesive moves for economic development of Pakistan.

He hoped that coordination of PCJCCI and PBIT will evolve innovative business strategies to create an investment-friendly environment in Pakistan.

The PCJCCI president also mentioned that the recent MOU signed with Punjab Board of Investment and Trade is principally intended to amalgamate the latest information, business statistics, market needs and challenges to chalk out potential areas for investment. The cooperation of PCJCCI and PBIT will help developing an intelligent strategy for enhancing trade and investment and to facilitate local and foreign investors with a special focus on the CPEC, he added.

SM Naveed asserted that this collaboration will lay down a strong foundation for overcoming the challenges and making Pakistan a more investment-friendly country.

“We will make untiring efforts to deepen and further expand trade and economic relations through harmonisation of standards, visa facilitation to businessmen and promotion of investment avenues in various potential sectors including; textiles, automobiles, real estate, agriculture, chemicals, food processing and pharmaceuticals,” he outlined.

Expressing hope that both Pakistanis and Chinese will equally be benefited by the initiatives taken by PCJCCI-PBIT joint venture, he explained that PCJCCI is a trade organisation and the objective behind the establishment of this platform is to pave the way for two-way investments by eliminating hurdles between the business communities of both China and Pakistan.

He expressed deep gratitude to PBIT chief executive officer Jahanzeb Burana for his sincere cooperation to enter into a common working pace with a nationalistic approach.