Punjab investment board chief appointed

ISLAMABAD: The Punjab government has appointed Sardar Tanvir Ilyas Khan as chairman Punjab Board of Investment and Trade.

Former provincial minister Sardar Tanvir Ilyas has been instrumental in bringing investments worth more than $10 billion in the country during the past decade.

“Foreign investment was the need of the hour to support the economy of country and boost exports,” Mr Khan said in a statement adding that Pakistan needed sustainable investments and higher exports would also improve the foreign currency reserves of the country.

He said that most of the strong economies of the world had benefitted from foreign investments and Pakistan too could become a strong and stable economy by strengthening industrial base along with exports