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Korean companies eager to invest in Punjab


LAHORE - Two South Korean companies are eager to invest in primary healthcare and infrastructure development. Punjab Board of Investment and Trade signed memorandum of understanding with Chang Co. Ltd, operating in information technology, consulting with regards to Public Welfare Services, and C&S CO., LTD, a reputed investment company operating private equity fund specializing in infrastructure investment, project management & consultancy on a local and global scale.

President of CHANG Co. Ltd Sang Hyun Oh visited Punjab Board of Investment and Trade to meet CEO Jahanzeb Burana and other senior officials to discuss various potential sectors for more collaboration and exchange of experiences in the fields of primary healthcare services and medical education. South Korean company has shown keen interest to invest in health care (hospital and public hygiene), projects related education, food, environment and other sectors in Pakistan.The MoU was signed by the President of CHANG Sang Hyun Oh & CEO - PBIT, Jahanzeb Burana, in order to provide facilitation in the projects of their interest.
Whereas C&S CO., LTD is reputed investment company based in South Korea that manages private equity fund in infrastructure investment, project management & consultancy. South Korean delegation appreciating Pakistan’s infrastructure development showed their immense to invest into infrastructure projects related to construction, infrastructure projects in industrial estates, power plants and other sectors etc.
The MoU was signed between the President of C&S, Sang Seob Kim & Jahanzeb Burana, CEO PBIT, marking the expansion of an existing, successful partnership between the two countries. The joint ventures are a momentous contribution towards strengthening and developing collaboration on the basis of mutual benefits, reciprocity and cooperative relationship.
Source: The Nation