LAHORE - Punjab Chief Minister Muhammad Shahbaz Sharif has said that Punjab is an agrarian province and there is vast scope of promotion of agro based industry in the province. He said that Punjab government has made planning to generate energy from biomass. He said that Pakistan wants to promote trade and economic ties with Denmark and Danish investors can benefit from investment opportunities in Pakistan especially Punjab.

He was talking to Danish Ambassador, Jesper Moller Sorensen who met him here on Thursday. Matters of mutual interest and promotion of bilateral relations were discussed in the meeting.

The Chief Minister thanked the Danish government and the ambassador for their support in the granting GSP Plus status to Pakistan and said that this decision of European Union would result in increase in Pakistan’s textile export and greater business opportunities which would result in stability of national economy. He appreciated the role of Denmark in the granting of GSP Plus status to Pakistan. Shahbaz Sharif said that there are vast opportunities of investment in energy, agriculture, livestock, dairy farming, water management and other sectors in Pakistan.

He said that Danish investors should benefit from investment opportunities in agriculture, energy, biomass and water management projects and assured that all out facilities would be extended. He said that all necessary facilities are available to foreign investors in Punjab under one roof. The Chief Minister lauded the positive role of Danish Ambassador in the promotion of trade relations between the two countries and said that Pakistan would welcome Danish investment in different sectors while maximum facilities would be provided to the investors on priority basis.

Danish Ambassador Jesper Moller Sorensen said that there are vast opportunities of investment by Danish companies in Pakistan and he is personally informing Danish companies about the scope of investment in the sectors of recyclable energy, public health, agriculture and dairy sectors. He said that purpose of promotion of trade and investment in Pakistan is provision of better opportunities to the Pakistani people, increase in productive capacity resulting in poverty alleviation.

 He said that Denmark is a small country and relies totally on trade with other countries. He said that Danish government believes in free market and was a strong supporter of GSP Plus status to Pakistan which would result in increase in its trade with European Union and creation of job opportunities in the country. The Danish Ambassador said that his country wants to promote trade relations with Pakistan. He said that Demark also desires to promote cooperation with Pakistan in energy, water management and other sectors. He said that Denmark has high expectations of the new government and its reforms programme is commendable.