To woo global investors, Punjab Government has decided to launch an intensive investment campaign. The investment campaign would be in pursuance of approval of the fiscal incentives for industrial promotion for the year 2013.
A global investment conference is expected to be organised in October. For the purpose, the state government on Tuesday constituted a high-level committee to chalk out the programme for Global Investors’ Conference.
The Committee would also engage a knowledge partner for the investment campaign for the Conference. Spokesperson informed that to supervise the process of selection of the knowledge partner, a selection committee has been appointed under the chairmanship of Punjab Infrastructure Development Board (PIDB) managing director.
The managing directors of the Punjab Energy Development Authority (PEDA), Punjab State Industrial Development Corporation (PSIDC), and Punjab Agro Industries Corporation limited (PAIC) have been appointed as the members of the committee, along with the Chief Administrator of Greater Mohali Area Development Authority (GMADA).
Managing director of the Punjab Infotech Corporation limited has been appointed as member secretary of the Selection Committee. It shall finalise the terms and conditions of the knowledge partner, stated the spokesperson. It will oversee the bid process including the pre-bid conference and pre-qualification of bidders and recommend the selected bidder to the Government.