Govt allocates Rs100m for BOI in PSPD 2019-20

ISLAMABAD: The government has allocated Rs100 million in the Public Sector Development Programme (PSDP) 2019-20 for one ongoing scheme of the Board of Investment (BOI) in order to promote industrial investment in the country.

According to the details, the government has allocated Rs100 million for the establishment of a Project Management Unit (PMU) on China Pakistan Economic Corridor’s Industrial Cooperation Development Project (CPEC-ICDP) to enhance industrial cooperation between Pakistan and China.

The total estimated cost of the PMU is Rs339.281 million, it added.

Must Read

Apple invests $1.5 billion in Globalstar for enhanced iPhone connectivity

Apple Inc. announced a significant investment of up to $1.5 billion in Globalstar, a satellite communications provider, aiming to expand its iPhone communication services...