Italian team visits PBIT

LAHORE - Punjab Board of Investment and Trade (PBIT) is hosting a two-day international delegation from Italy which has come to explore investment opportunities in various sectors specifically in integrated cold chain projects. The member of European Development Finance Institutions visited PBIT office. Vice Chairman PBIT Rizwan Ullah Khan, welcomed the Italian delegation and suggested ways to improve facilitation. PBIT has provided information to the members of the delegation and equipped them with the knowledge of investment opportunities in Punjab province. In order to articulate their interest for current and future investment projects, facilitation MoU has also been signed between IDC and PBIT. SIMEST has submitted an Expression of intent in integrated cold chain project developed by PBIT whereby PBIT will facilitate SIMEST to set up or upgrade export houses, cold storage units and refrigerator containers at any location in Punjab. The size of the total project outlay is an excess of $150 million.

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