Tuesday, December 7, 2010

Punjab Chief Minister, Korean Envoy discuss Cooperation

LAHORE (December 07, 2010) : Korean Ambassador in Pakistan Choongjoo Choi met Punjab Chief Minister Shahbaz Sharif on Monday and co-operation in various sectors as well as matters of mutual interests was discussed. Chairman Solid Waste Management Company Khawaja Ahmad Hasaan, Vice Chairman Punjab Investment Board Rizwan Ahmad Khan, Chairman Planning and Development and Secretaries of Transport and Commerce were also present on the occasion, disclosed an official.

Talking to the Korean Ambassador, the Chief Minister said Pakistan and Korea have longstanding trade and economic relations, however, there is need to further strengthen these ties. He said that there are vast opportunities of investment and co-operation between Korea and Punjab in various sectors. "Korean company Daewoo had completed Motorway project in Punjab and Daewoo Bus Service is providing efficient transport facilities to the people of the province.

Another Korean company has expressed interest in Rapid Transit Project (BRTS not LRMTS) in Lahore. The provincial government is taking solid measure for the provision of modern transport facilities to the people. Northern loop of Ring Road has been completed in a highly transparent manner in the provincial metropolis, which is a masterpiece of construction. Now work on southern loop will be initiated," he added.

He said Korea can extend co-operation in the construction of southern loop of Ring Road as well as other projects of infrastructure. He said there is a vast scope of co-operation in livestock, agriculture, real estate, solid waste management and other sectors in Punjab and Korea should consider co-operation in these sectors. "Punjab has also large iron reserves while Korea, which has expertise in steel industry, can extend co-operation in producing steel. Korea has made rapid progress by adopting modern technology and Pakistan can also achieve its development targets by adopting latest technology.

The government is implementing a comprehensive programme for the elimination of poverty and unemployment and revolutionary measures have been taken for this purpose," he added. Korean Ambassador Choongjoo Choi while speaking on the occasion highly appreciated the measures taken by the Chief Minister Punjab for the development of the province.

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