PCJCCI for synergy among entities

LAHORE: Pak-China Joint Chamber of Commerce and Industry (PCJCCI) on Tuesday called on the national entities and institutions to intensify inter-organisational coordination as well harmony to put the country's economic development in overdrive.

“The public and private organisations should strengthen their networks and initiate cohesive moves for economic development of the country,” said S.M. Naveed, president PCJCCI, commenting on a recent collaboration between the chamber and Punjab Board of Investment and Trade (PBIT).

“It is hoped that PCJCCI-PBIT coordination will evolve innovative business strategies to create an investment-friendly environment in Pakistan.”

Naveed mentioned that the recent memorandum of understanding (MoU) signed with PBIT was principally intended to amalgamate the latest information, business statistics, market needs, and challenges to chalk out potential areas for investment.

He said this accord would help overcome challenges, promote investment-friendly environment, develop an intelligent strategy, enhance trade and investment, and facilitate local/foreign investors, with a special focus on China-Pakistan Economic Corridor (CPEC).

“We will expand trade and economic relations through harmony 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," Naveed said.