LAHORE  -  Punjab government has appointed former LCCI Senior Vice President Abdul Basit as chairman of Punjab Board of Investment & Trade (PBIT).

Abdul Basit, who is presently chairman of LCCI Standing Committee on KBD, said that ‘we all should work to create investment-friendly atmosphere in the province which is currently suffering from huge energy crisis.” He observed that the solution of energy crisis is the first step to create investment friendly atmosphere. He reiterated his demand of early construction of large dams including Kalabagh Dam, which is the easiest most shortcut formula to minimize energy woes not only in Punjab but also in the whole country.

Punjab government has taken this significant initiative while keeping in view the services of Abdul Basit for the cause of trade, industry and economy.

While thanking to the Chief Minister Punjab Mian Shahbaz Sharif, newly appointed Chairman of PBIT said that he would Promote Punjab Board of Investment & Trade as a facilitation center for the investors.  “I am well aware of the importance of investment from the private sector in the development of Punjab economy”, he said. Abdul Basit graduated from Forman Christian College Lahore. He is founder chairman of the Big Bird Group of Companies which comprises of Big Bird Poultry Breeders (Pvt) Limited, Big Feed (Pvt) Limited, Grandparent Poultry (Pvt) Limited, Pak Tek Associates and Big Bird.