An international business and economic conference highlighted the vast investment potential in Gilgit-Baltistan, with business communities from China and African nations expressing interest in investing and undertaking joint ventures in the region.
Business representatives from Pakistan, China, and African countries attended the conference, which was organized by the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in Islamabad. Detailed discussions were held regarding the promotion of trade, investment, tourism, technology transfer, and mutual economic cooperation.
Representing Gilgit-Baltistan, Raja Nazim-ul-Amin highlighted investment opportunities in sectors such as minerals and mining, agriculture, energy, and tourism. He stated that the region’s economic potential could be harnessed through modern technology, infrastructure development, and access to global markets.
He noted that there are significant investment opportunities in the exploration and processing of mineral resources using modern methods, value addition for agricultural products, and renewable energy sectors, including hydropower.
Speaking on the occasion, Nazimullah Baig, Managing Director of Discovery Pakistan, shed light on investment prospects in Gilgit-Baltistan’s tourism sector. He highlighted substantial scope for investment in mountain tourism, adventure tourism, eco-tourism, hospitality (hotels and resorts), destination management, and community-based tourism. During the conference, Chinese and African business representatives expressed interest in investment, B2B partnerships, joint ventures, and technology transfer involving Gilgit-Baltistan.
Raja Nazim-ul-Amin and Nazimullah Baig emphasized the need to facilitate the exchange of business delegations and organize trade exhibitions, investment conferences, and regular B2B programs involving Gilgit-Baltistan, China, and African nations.
Participants noted that strengthening ties between global investors and the local business community of Gilgit-Baltistan could create new opportunities for investment, employment, and exports in the region.
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