The three-member high level delegation from Indonesia including Indonesian Ambassador Iwan Suyudhie Amri during their visit at the Punjab Board of Investment and Trade (PBIT) on Monday was given a brief introduction of Punjab by PBIT CEO Jahanzeb Burana.
Burana showed documentaries regarding investment opportunities in Punjab in various sectors and highlighted ways for exploiting the investment potential in the country. They see a possible chance to collaborate in the fields of textile and value-added products.
He emphasised the increasing capacity of economic cooperation between the two countries and said that Pakistan and Indonesia should enter into joint ventures for sustainable development and economic progress.
The PBIT CEO was of the view that there was a wide opportunity for Indonesia to take interest in the Special Economic Zones being developed in Punjab.
Speaking on the occasion, the Indonesian ambassador, while praising the presentation on Punjab, said that they would showcase the documentaries in Indonesia as well.
The envoy acknowledged the Punjab government’s initiatives to make the environment investment-friendly.
They look forward to working closely in the years ahead to promote even stronger economic ties between Indonesia and Pakistan.
The 66th edition of Filo is showcasing its “Made in Filo” collection, an initiative that transforms materials supplied by exhibitors…
Circ has partnered with Shenghong Chemical Fiber New Material to expand the commercial production of polyester filament yarn made from…
Algae Scope is developing a patented seaweed-derived functional powder that could provide a bio-based route to coatings for protective and…
AmeriBangla Corporation has launched CottonPort, a digital cotton marketplace designed to connect American cotton farmers with mills and buyers in…
Chinese automaker SAIC-GM-Wuling has introduced bamboo-fiber-reinforced composites into interior components across more than 20 production vehicle models.
Zeneri has begun production of a new collection featuring its patented three-zone knitted architecture, designed to prevent socks from slipping…