LAHORE - A memorandum of understanding (MoU) signing ceremony was held between Punjab Board of Investment and Trade and NET de GERRERS, a Spanish based entity engaged in business of cross border real estate projects, to strengthen the business ties between Punjab and Spain. The MoU was signed by CEO PBIT Jahanzeb Burana and CEO NET de GERRERS, Eduard Navarro.

NET de GERRERS is focused on cross sector investments in real assets, with specialist industry expertise, and active and best practice operational management to achieve superior risk adjusted returns for the investors. It is actively managing portfolio investments, bridging complimentary disciplines and cultures internally in order to gain competitive advantage and improve financial performance.

Eduard Navarro visited PBIT to explore opportunities in economic and trade development. In addition to this, the Spanish delegation were quite eager that NET de GERRERS and PBIT may engage positively in divergent areas of mutual interest especially, in build linkages between the real estate, infrastructure, tourism, textile and transport of Spain and Pakistan to enhance economic & trade ties. CEO PBIT welcomed the delegation and discussed the possibilities pertaining to investment and potential areas of collaboration.

Jahanzeb Burana told the delegation that Punjab Board of Investment and Trade (PBIT) is the Government of Punjab’s premier body to facilitate and support trade and investment in the province and facilitate linkages between investors, government and private agencies. He ensured that the organization will utilize their full resources and energies to promote and facilitate trade between the two countries.