The United States Agency for International Development (USAID)
and the Punjab Board of Investment and Trade (PBIT) have signed a memorandum of
understanding (MoU) in order to promote investments in agriculture and
horticulture sectors of the Punjab province.
“Through this partnership both the sides will work together
in promoting investment and creating jobs in livestock, dairy and horticulture
sectors,” said USAID Provincial Director for Punjab Dr Miles Toder while
speaking on the occasion.
PBIT CEO Amena Cheema was also present on the occasion.
Dr. Toder said that the combination of USAID and PBIT
resources would help stimulate the business-enabling environment in the
province to overcome investment and trade challenges.
Through this MoU, the USAID-funded five-year-long $15
million Punjab Enabling Environment Project (PEEP) and PBIT would promote
investment opportunities for joint ventures, advocate public-private
partnerships emerging from agricultural initiatives, and highlight trade and
investment areas for international and domestic investors.
Source: technologytimes.pk
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