News Section

South Punjab Forest Company (SPFC) organize pre-bid meeting at Rahim Yar Khan Chamber of Commerce and Industry (RYKCCI) to sensitize prospective investors

South Punjab Forest Company SPFC News Image

Rahim Yar Khan, Friday, August 18, 2017: South Punjab Forest Company (SPFC) in collaboration with Rahim Yar Khan Chamber of Commerce and Industry (RYKCCI) organized an inception seminar at RYKCCI, to sensitize prospective investors regarding the forestry opportunity by the Government of Punjab. The pre-bid meeting aimed to address any queries of the investors and incorporating their suggestions in the bidding proposal.

Muhammad Shoukat Hayat, Senior Vice President, RYKCCI, gave the welcome note and urged the business community of Rahim Yar Khan to benefit from this lucrative investment opportunity. Tahir Rasheed, CEO, SPFC, delivered a presentation on the salient features of the investment opportunities in forestry sector in South Punjab by SPFC. According to him, ‘The Government of Punjab is offering a golden opportunity of afforestation and rangeland management to investors on 99,077 acres of its land for 15 years. Investment in forestry is highly lucrative with minimum risks, therefore investors should take advantage of it and the initiative will also contribute to the GDP at large.’

Tahir Rasheed also referred to a recent study by the Food and Agriculture Organization (FAO) that only 1.9% of Pakistan’s area is covered with forests, thus highlighting the need to promote sustainable forestry investments by investing with SPFC. He urged the investors to invest in the opportunity offered by the Government of Punjab and that the deadline for submission of proposals is September 15, 2017.

The presentation was followed by Q&A session. The pre-bid meeting was attend by a large number of potential investors.

More photos of this event can be found here.

For Press Inquiries