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KP-BoIT, Chinese group sign MoU to boost investment

By Bureau report
February 05, 2024

PESHAWAR: Vice Chairman of KP-Board of Investment and Trade (KP-BoIT), Said Mahmood, signed a memorandum of understanding (MoU) with a prominent Chinese group to boost investments in Khyber Pakhtunkhwa.

Vice Chairman of KP-Board of Investment and Trade (KP-BoIT), Said Mahmood (L), and Jianxin Hou, chairman of the Shandong Xinxu Group Corporation, China shakehand after the MOU signing ceremony on February 4, 2024. — Facebook/Khyber Pakhtunkhwa Board of Investment & Trade
Vice Chairman of KP-Board of Investment and Trade (KP-BoIT), Said Mahmood (L), and Jianxin Hou, chairman of the Shandong Xinxu Group Corporation, China shakehand after the MOU signing ceremony on February 4, 2024. — Facebook/Khyber Pakhtunkhwa Board of Investment & Trade

The ceremony took place in the Shandong province of China, where Said Mahmood was warmly welcomed by the Chinese business community. The focus of the MoU is to foster investment opportunities in the mines and minerals sector of Khyber Pakhtunkhwa. Engr. Said Mahmood and Jianxin Hou, chairman of the Shandong Xinxu Group Corporation, China, executed the agreement on February 3, 2024. The signing ceremony was witnessed by members of the public and business community in the province of Shandong.