Skip to main content

CBD PUNJAB CREATES HISTORY BY SIGNING 16 MOUS IN ONE DAY FOR NSIT CITY

                                              

Signaling a new era of economic and technological advancement, the Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), has made history by signing 16 MoUs in one day for CBD NSIT City. The MoUs were signed in the presence of Chief Minister of Punjab, Maryam Nawaz Sharif, witnessed CBD Punjab forging crucial alliances with 12 leading Chinese companies, 3 prominent Turkish firms, and a notable Pakistani IT enterprise.

The historic signings were executed by COO of CBD Punjab, Brigadier (R) Mansoor Janjua, alongside officials from the partnering companies. Distinguished attendees included Federal Minister for IT Sheza Fatima, Provincial Minister for Information Punjab Azma Bukhari, Chief Secretary Punjab Zahid Akhtar Zaman, CEO of CBD Punjab Imran Amin, foreign diplomats, members of the Punjab Cabinet, and various officials from CBD Punjab. 

Among the prestigious companies entering MoUs with CBD NSIT City are global giants like Huawei, CMEC, STDC, Hainan Jinxin Technology, Tang Chinese Education, Shenzen Caiu Investment, and Uni International from China. The Turkish firms include Tumas Turk Engineering and Hayat Kimya, along with Silk Coat Paints. Additionally, from Pakistan prominent name from IT PITB has also joined hands in this monumental venture.

Imran Amin, CEO of CBD Punjab, remarked on the significance of these partnerships, stating, “These MoUs are not just agreements they are a testament to the trust and confidence that the international business, IT, and education sectors have in the potential of NSIT City. We are committed to fostering a conducive environment that will fast-track the establishment and growth of Pakistan’s premier and biggest IT hub.”

The MoUs signed are anticipated to be the cornerstone in accelerating the development of NSIT City, envisioned to be Pakistan’s leading IT hub with designated districts for technology, education, and the creative industries, including a film city. This strategic development is poised to transform Punjab into a nexus of innovation, knowledge, and industry.

The presence of high-level government officials and foreign diplomats at the signing ceremony underscored the international and national importance of this initiative. The strategic alliances formed through these MoUs are expected to bring in substantial foreign investment, cutting-edge technology, and advanced educational resources, setting a new benchmark for development projects in Pakistan.

As CBD Punjab continues to chart a path towards economic revitalization and technological supremacy, the successful signing of these 16 MoUs marks a pivotal moment in the region’s journey towards a brighter, more prosperous future. The establishment of NSIT City will undoubtedly serve as a beacon of progress, driving forward the vision of a technologically advanced and economically vibrant Punjab.

Comments

Post a Comment

Popular posts from this blog

Huawei and OPPO Sign Global Patent Cross-licensing Agreement

          Huawei and OPPO announced the signing of a global patent cross-licensing agreement, which covers cellular standard essential patents, including 5G. "After more than 20 years of continuous innovation, Huawei has developed multiple high-value patent portfolios in the global marketplace in domains like 5G, Wi-Fi, and audio/video codecs," said Alan Fan, Head of Huawei's Intellectual Property Department. "We are delighted to have reached a cross-licensing agreement with OPPO. The mutual recognition of intellectual property value between companies is a major step towards fostering a positive cycle of innovation and research in high-value standards: investing, receiving returns from investment, and then reinvesting. This will enable our industry to keep innovating and provide consumers with more competitive products and services." "We are very pleased to enter into patent cross-licensing agreement awith Huawei. It clearly demonstrates that the two compan...
Post a Comment
Read more

CBD Punjab Celebrated Pakistan Resolution Day with Patriotic Fervor

                                                       The Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), proudly commemorated Pakistan Resolution Day with unwavering dedication to the nation's progress. Held at the CBD Punjab headquarters, the ceremony was attended by COO CBD Punjab, Brigadier (R) Mansoor Janjua, directorate heads, senior officials, staff members, and ancillary staff, all united in the spirit of patriotism and national pride. The event began with a flag hoisting ceremony, symbolizing the steadfast commitment to uphold the principles of unity, faith, and discipline, and to strive for the betterment of the country while keeping the national flag flying high. The national flag soaring high served as a powerful symbol of prosperity and sovereignty. Addressin...
Post a Comment
Read more

From Lahore to Vietnam: Pakistani Sellers Gear Up for Alibaba.com KEL Awards Regional Finale

          Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce, today hosted the finale of the Pakistan round of its   Key E-commerce Leader Award s  (KEL Awards) in Lahore to celebrate the exceptional e-commerce sellers of Pakistan. The event showcased the remarkable talents of six top country finalists each delivering insightful presentations that highlighted their achievements and the strategies that fueled their success on the Alibaba.com platform.   The competition concluded with the selection of all six finalists, as Alibaba.com Pakistan Ambassadors for 2024. Tayyub Hussnain from Norwich Streetwear and Muzafar Hussain, from JNM Leather Safety Gloves were honored as Alibaba.com Pakistan Key E-commerce Leaders for 2024 and will represent Pakistan in the KEL Awards Regional Finale, set to take place in Vietnam later this year. Additionally, today’s event in Pakistan featured a People's Choice Award for 2024, with Tay...
Post a Comment
Read more