After doling out slew of incentives for the new industrial units, Punjab Government has decided to attract more investment in all sectors of the state's economy by organising a Global Investor's Conference in October this year.
The decision has been taken in pursuant to the approval of the fiscal incentives for industrial promotion by the Punjab Government.
“Department has decided to engage a knowledge partner for the investment campaign as well as for the Global Investor's Conference. A high-level committee has been constituted to supervise the process of the selection of the knowledge partner,” said a spokesman of the Industries and Commerce Department.
Giving detail of configuration of the committee, he said that managing director (MD) of Punjab Infrastructure Development Board (PIDB) has been made the chairperson, whereas MDs of Punjab Energy Development Authority (PEDA), Punjab Agro Industries Corporation limited, and Punjab State Industrial Development Corporation (PSIDC), along with Chief Administrator of Greater Mohali Area Development Authority (GMADA) have been inducted as members.
He said that the Committee would finalise the terms and conditions of the knowledge partners. It would also oversee the bid process including pre-bid conference and pre-qualification of bidders.