Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Punjab govt has created favourable environ for investment
11-19-2011, 11:46 AM
Post: #1
Punjab govt has created favourable environ for investment
Lahore—Ambassador of South Korea in Pakistan Choong Joo Choi met Punjab Chief Minister Muhammad Shahbaz Sharif here today and discussed matters of mutual interest as well as cooperation in transport, mining, hydle power and other sectors. Member National Assembly Pervaiz Malik, Chairman Lahore Transport Company Khawaja Ahmad Hasaan and Secretary Transport were also present on the occasion.

Talking to the Korean Ambassador, the Chief Minister said that Pakistan has cordial relations with South Korea which has made remarkable progress in various sectors.

He said that there are vast opportunities of cooperation in different sectors in Punjab and provincial government has created a favourable environment for promotion of investment and all facilities are being provided to investors under one roof.

He said that he visited South Korea during his last tenure and introduced a well-organized transport system for the first time in Pakistan in the form of Daewoo Bus Service.

He said that an air-conditioned CNG bus service has recently been launched in Lahore with the cooperation of Chinese company Foton which has resulted in availability of affordable, comfortable and efficient transport service to the people.

He said that in the next phase, similar transport facilities will be provided in Faisalabad, Multan, Rawalpindi and other big cities of the province.

He said that an agreement has been signed between the leading companies of Istanbul and Solid Waste Management for the disposal of solid waste from provincial metropolis while in addition to other foreign companies negotiations are also being held with different Korean companies for cooperation in various sectors including Bus Rapid Transit System (BRT) and Mono Rail project.

He said that Korea has expertise in transport, hydle power, mining and other sectors and it can also extend cooperation in BRT and mono rail sectors in Punjab. He said that Daewoo is playing a commendable role in providing transport facilities to the people and like other investors Daewoo bus service will continued to be provided maximum facilities.

He thanked Korean Ambassador for taking keen interest in cooperation in various sectors and said that heads of various departments of Punjab government will send proposals to Korean Embassy in the light of which further steps will be taken for cooperation. He thanked Korean Ambassador for inviting him to Korea and said that Korea has made commendable progress and it will be an honour for him to visit Korea.

South Korean Ambassador in Pakistan Choong Joo Choi appreciated the measures taken by the Chief Minister Punjab Muhammad Shahbaz Sharif for the development of transport and other sectors and said that Korea will increase cooperation in BRT, mining, hydle power and other sectors. He also invited Muhammad Shahbaz Sharif to visit Korea.
Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  Govt. of Punjab launches anti-encroachment operation in Lahore LRE-Azan 0 4,393 10-03-2018 12:18 PM
Last Post: LRE-Azan
  Govt of Punjab Spending Billions of Rupees in Development of Sialkot Road Projects LRE-Azan 0 4,457 11-06-2017 05:08 PM
Last Post: LRE-Azan
  Lahore Ring Road Project-Southern Loop Budget Allocated By Punjab Govt Salman 0 11,801 10-30-2013 01:32 PM
Last Post: Salman
  Turkish investment: Punjab signs MoU on capacity building Salman 0 4,023 10-23-2013 12:14 PM
Last Post: Salman
  Punjab Govt Decides to Solve Disputed Land Issue With DHA Lahore Salman 0 7,414 07-11-2013 12:03 AM
Last Post: Salman
  Punjab govt okays 11 uplift schemes of Rs 6,036.381m Salman 0 5,131 06-06-2013 12:17 PM
Last Post: Salman
  Punjab govt to give relief for building plan, commercialisation Salman 0 4,918 05-20-2013 12:19 PM
Last Post: Salman
  Punjab govt approves 21 revised development schemes Salman 0 5,732 05-13-2013 02:00 PM
Last Post: Salman
  Punjab govt to allocate Rs 200bn development budget Salman 0 4,926 05-02-2013 11:33 AM
Last Post: Salman
  Building Control Authority: Not many takers for Punjab govt’s divisional setup Salman 0 4,812 10-10-2012 11:40 AM
Last Post: Salman
  German investment in Punjab power projects safe: Shahbaz Salman 0 4,687 10-06-2012 11:15 PM
Last Post: Salman
  Punjab to protect investment, property of expats: Shahbaz Salman 0 4,069 10-05-2012 01:33 PM
Last Post: Salman
  Punjab govt to give 33,803 plots to homeless Salman 0 4,652 09-05-2012 01:06 PM
Last Post: Salman
  Punjab govt okays 8 uplift schemes Salman 0 4,714 08-30-2012 07:06 PM
Last Post: Salman
  Australian traders see Punjab as attractive investment region Salman 0 3,696 05-05-2012 12:22 PM
Last Post: Salman
  Punjab govt told to reply on blinds’ plea for land rights Salman 0 4,972 04-12-2012 12:57 PM
Last Post: Salman
  Punjab govt delegation leaves for Iran to sign deals Salman 0 4,187 04-10-2012 12:06 PM
Last Post: Salman
  Punjab Govt bans new graveyards near river Salman 0 4,075 04-09-2012 12:05 PM
Last Post: Salman
  Punjab govt launches ‘Jinnah Abadi Scheme’ Salman 0 5,381 03-22-2012 07:15 PM
Last Post: Salman
  Punjab govt to provide free education to labourers’ children: Qureshi Lahore_Real_Estate 0 4,366 08-17-2011 01:15 PM
Last Post: Lahore_Real_Estate

Forum Jump:


User(s) browsing this thread: 1 Guest(s)