KARACHI: TPL Corp, one of Pakistan’s leading conglomerates serving diverse fields like real estate, security and insurance amongst numerous others, has inked an agreement with Bank of Punjab (BoP) to finance the establishment of multiple real estate projects including Sindh’s first Technology Park, Pakistan’s first Gold LEED certified ultra-luxurious residential project “One Hoshang” and TPL Properties upcoming master planned community project &investment in group subsidiaries.

An agreement to this effect was signed on at Centrepoint, TPL’s Head office in Karachi between the respective parties. Ali Jameel, CEO, TPL Corp signed the agreement with Zafar Masud – President & CEO BOP, while other senior members from both teams were also present.

Speaking on the occasion, Ali Jameel, CEO, TPL Corp stated; “The potential of this country with respects to digital services and information technology is quite promising. With effective orientation, this industry can excel taking the country towards new heights. At TPL, we aim to provide not just our customers but the nation in general with the opportunities it needs to broaden its horizons and achieve excellence through a variety of mediums.”

Further commenting on the development, Zafar Masud – President & CEO BOP, added: “BOP is extremely pleased to have acted as the Lead Advisor and Arranger of Rs 4,575 million facility for development of housing and state of the art technology park projects of TPL Group.”—PR

Copyright Business Recorder, 2021

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