Technology Exchange and Coordination (Pvt) Ltd

Engineering Consultant
MOU IRC-BKIT
Party A: Technology Exchange and Coordination (Pvt.) Ltd
Address: Plot # 6, 7 Sunder Industrial Estate, Lahore, Pakistan, and Postal Address: 63 A, Nisar Road, Lahore hereinafter referred to as 1st Party (TEC).
Party B: Equipment manufacturers -------------------------------------
Address:
Party C: Services and technology companies
Outline of Joint Venture arrangements
Three parties will collaborate to set up the following facilities:
A. Setting up BKIT; (Services platform) - (Banks/investment companies rep office, Knowledge shop, ICT/IT, Training) for providing the following services to the G20 countries, local, expatriates, and global entrepreneurs under one roof.
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Banking/investment companies, having G20 countries financial institutions services desk or liaison offices;
2. Knowledge shop - will provide:
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R&D facilities, identification of the new investment opportunities; in particular win-win projects, where Pakistan has agro, mineral raw materials, and G20 countries market needs the products.
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Existing SME, industry 5 level linkages with G20 countries.
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Conducting studies and the mutually agreed upon services required by local and G20 countries entrepreneurs.
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Facilitating in academia applied side development.
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Developing Youth – SME – G20 countries triangle for 5 level linkages
3. ICT/IT will be covering:
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Introducing ICT/IT to the SME.
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Developing business cyber links between Pakistan & G20 countries by developing www.punjabindustry.biz, www.pakistaniindustry.com, www.irc-bkit.biz, and linking it up with G20 countries search engines.
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Developing an eCommerce portal.
4. Technical Training. Arranging technical training to meet the G20 countries and local entrepreneurs’ requirements.
The focus is 10 potential sectors; Food processing, Chemicals, Pharma, Engineering, Textile, Leather, Energy, construction, Logistics, Services
B. G20 countries 0 KM Platform – Trade House
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Displaying G20 countries equipment at Lahore, for 10 potential sectors for effective marketing, easy cash transaction, after-sale services.
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Setting up buying a house for G20 countries companies to ensure quality, delivery, etc. contract requirements
A two-story building (12,000 Sq.ft) already exists for setting up Industry Resource Center (BKIT + Trade House) and can be further extended.
And whereas the parties will collaborate as joint venture partners for the setting up and operation of G20 countries O KM Platform (BKIT + Trade House)
C. Three parties will be co-partners of the said projects and will jointly prepare plans and implement them.
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Three parties will be co-partners and will jointly prepare plans for setting up G20 countries O KM Platform.
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Will jointly mobilize funds for the construction of G20 countries O KM Platform. Will jointly appoint a managerial body for supervision of construction work and operation of G20 countries O KM platform (BKIT + trade House).
The G20 countries 0 KM platform (BKIT + Trade house) is to work for public and private sector projects & deepening Pak– G20 countries' economic cooperation.
D. Three parties will fully display their individual strengths to make the projects a great success:
Party A has the following strengths:
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Have a track record of setting up greenfield projects, in particular Rs. Billion plus trend-setting 3 projects: Soda Ash, Ethanol plant, H2O2 from project identification till boiler firing and considered the highest performance industrial consultancy in the country,
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SME up-gradation and global integration. In particular citrus sector project for exports to the EU. Five SME facilitation Knowledge products registered with IPO Pakistan
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Public-private partnership arrangements with provincial and federal Govts.
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73,000 Sq.ft land with 12,000 Sq.ft covered area at the best industrial estate at Sundar and 32000 Sq.ft commercial land at defense road, Lahore.
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Marketing strength:
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Lahore Chamber of commerce and industry executive committee member 2008-9 and Founding Chairman of Pak – ASEAN economic relations standing committees
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Govt. policy input
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Handling the Prime minister youth program internship program. In the 4th batch 1200 internees (University Graduates) July 2017- 2018
Party B/C have the following strengths:
SIGNING OF AGREEMENT
Three parties agree to sign a formal agreement after thorough consultation on the basis of this MoU.
Party A:
Party B:
Party C: