| Punjab Board of Investment & Trade (PBIT) | |
| Type: | Punjab Government |
| Foundation: | 2009 |
| Location: | Lahore |
| Key People: | Mr. Muhammad Shahbaz Sharif, Chief Minister Punjab (Chairman) Dr. Miftah Ismail (Vice Chairman) Mr.Habib-ur-Rehman Gilani – Chief Executive Officer |
| Products: | Trade & Investment |
| Homepage: | www.pbit.gop.pk |
Punjab Board of Investment & Trade (PBIT) is the trade and investment promotion agency in Punjab, Pakistan, working autonomously under the Industries, commerce, and investment department. It is a member of the Steering Committee and a Director for South Asia of the World Association of Investment Promotion Agencies (WAIPA).
Punjab Board of Investment & Trade (PBIT) was established in 2009 by Salmaan Taseer, the governor of Punjab. The first vice chairman and CEO was Haroon Khawaja.[1] PBIT is a government-owned company that is operated and managed by a Board of Directors (BOD) composed of members from the government and the private sector.
The dynamic duo of public and private sector officials at PBIT is essentially to provide the businesses with a one-window facility for interaction with Government,. The sectors under focus for trade and investment at PBIT currently include agriculture, energy, infrastructure and manufacturing.
In line with its focus areas of action and sectors, PBIT has managed to become a steering committee member and the Director of South Asia at WAIPA.
In its endeavour to put Punjab on the world map, PBIT has been conducting and participating in, global and local trade & investment events. A notable few in the year 2011-12 included; Halal Food Conference in collaboration with the Royal Thai Embassy in Pakistan; International Green Week, Berlin; Investment Conference Dubai, the 3rd World Investment Forum(WIF), Doha;, Pak-Turk Business Forum; and Single Country Exhibition of Iran and Punjab Mango Festival.
PBIT has invited and hosted numerous delegations of Journalists from the US and Germany and business delegations from a wide range of countries including Turkey, Spain, Italy, France, Canada, US, Korea, UAE, Japan, China, and Australia to promote a soft image of the country as well as expose the world to the untapped business opportunities in Punjab. PBIT has also serviced existing businesses in Punjab including local and multinational companies like Metro Cash and Carry, Coca-Cola, Telenor, Mobilink, General Electric, Zong Pakistan, Lotte Group, and Al-Futtaim Group, to name a few.
Various policy recommendations governing the Establishment of Special Economic Zones, Halal Certification, Public - Private Partnership Law, and Real Estates Investment Trust have also been advocated at both the provincial and federal tiers of government.[2]