SBI, NLC sign MoU to collaborate in project of Logistics Park

Legal Judicial

Sindh Board of Investment (SBI) and National Logistics Cell (NLC) signed a Memorandum of Understanding in Karachi today (Tuesday)under which both the parties will collaborate and promote the setting up of a Logistics Park within the proposed China Pakistan Special Economic Zone (SEZ), Dhabeji-Thatta.

The MoU was signed by Director General NLC Major General Mushtaq Ahmed Faisal and the Chairperson SBI Ms. Naheed Memon.

According to the agreement, SBI would promote and extend possible facilitation to NLC, for its role as Logistics Park Management Organization, with the collaboration of foreign commercial enterprises and designated Chinese enterprises.

Speaking on the occasion, Naheed Memon said that CPEC has opened the doors of accelerated economic activity in Pakistan and logistics is an essential and a big part of the economic activity

Source: Radio Pakistan