Home »Business and Economy » Pakistan » Two Korean firms sign MoU with PBIT

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  • Jan 3rd, 2018
  • Comments Off on Two Korean firms sign MoU with PBIT
Two South Korean companies eager to invest in the field of primary healthcare and infrastructure development. Punjab Board of Investment and Trade (PBIT) signed Memorandum of Understanding with Chang Co Ltd operating in information technology, consulting with regards to Public Welfare Services and C&S CO Ltd, a reputed investment company operating private equity fund specializing in infrastructure investment, project management & consultancy on a local and global scale.

President of Chang Co Ltd, Sang Hyun Oh visited Punjab Board of Investment and Trade to meet CEO Jahanzeb Burana and other senior officials to discuss various potential sectors for more collaboration and exchange of experiences in the fields of primary healthcare services and medical education.

South Korean company has shown keen interest to invest in Healthcare (Hospital and Public Hygiene) projects related education, food, environment and other sectors in Pakistan. The MoU was signed by the President of Chang Sang Hyun Oh & CEO PBIT, Jahanzeb Burana, in order to provide facilitation in the projects of their interest.

South Korean delegation while appreciating Pakistan's infrastructure development showed their immense to invest into infrastructure projects related to construction, infrastructure projects in industrial estates, power plants and other sectors etc.

The Korean delegation pointed out that the two sides are looking forward for more collaboration and exchange of experiences in various fields of primary healthcare services, pharmaceutical industry, medical education, infrastructure projects like power/energy, road, industrial estate and hospital in Punjab, Pakistan.

CEO PBIT gave a concise introduction of Punjab, stressing the ways of exploiting potential of the investment in Pakistan followed by detailed presentation concerning the overall investment and business opportunities in Punjab.

He emphasized that healthcare is a key sector and Punjab has accomplished major reforms in this sector under the vibrant leadership of Shahbaz Sharif. He ensured all the facilities and assistance PBIT could provide for the convenience of foreign investors.

Copyright Business Recorder, 2018


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