PBIT, British HC to work for UK-Punjab investments

Lahore: Punjab Board of Investment and Trade (PBIT) Chairman Muhammad Muntaha Ashraf and Head of British High Commission Lahore Office Mr. BEN Warrington discussed matters pertaining to strengthening economic cooperation in a meeting here at PBIT Headquarters on Monday.

This important meeting signaled a new chapter in UK-Punjab relations with both sides keen to explore fresh avenues for investment and bilateral trade.

The PBIT management presented a comprehensive overview of the Board’s vision, strategic priorities, and sector-specific opportunities designed to attract UK investors. Key sectors highlighted included technology, manufacturing, agriculture, and renewable energy—areas identified for their high growth potential and mutual benefit.

Chairman Muhammad Muntaha Ashraf personally led discussions emphasizing Punjab’s commitment to creating a business-friendly environment, improving regulatory frameworks, and facilitating ease of doing business to attract more UK investments. He expressed optimism about the future of UK-Punjab economic relations, highlighting the critical role of collaborative efforts in achieving shared prosperity.

Mr. BEN Warrington appreciated the thorough presentation and engaged actively in dialogue about strategic partnerships and potential joint ventures. He reaffirmed the British High Commission’s commitment to supporting Pakistan’s economic development and enhancing bilateral trade relations through targeted investment initiatives.

Both leaders agreed to strengthen communication channels and establish regular consultations to monitor progress and address challenges. The meeting also set the stage for upcoming investment forums and business delegations aimed at deepening economic ties.

This visit marks a pivotal step in fostering a resilient and dynamic partnership between Punjab and the United Kingdom, aligned with long-term goals of sustainable growth and regional development.