ISLAMABAD: Governor Balochistan Malik Abdul Wali Khan Kakar invited business community of Islamabad to capitalise on natural resources of province by utilizing investment opportunities to generate more business activities.

Addressing as chief guest at an Iftar Dinner hosted by Islamabad Chamber of Commerce and Industry (ICCI) in his honour he said that his province was endowed with great natural resources including the Reko Diq and Saindak projects, adding development of Reko Diq would make Balochistan hub of direct foreign investment and create lot of economic benefits to Pakistan.

Similarly, Saindak copper and gold project had the potential to make Balochistan prosperous and strengthen Pakistan’s economy. He said that due to these untapped natural resources, people of Balochistan were facing great economic problems and emphasized that business community should exploit them to bring progress and prosperity to province.

Governor said that business community was backbone of economy and invited ICCI delegation to visit Balochistan where he would connect them with their counterparts to explore joint ventures and business partnerships. He said that he would try to visit Iran and Afghanistan to highlight investment potential of Balochistan to the investors of these neighboring countries. President ICCI Ahsan Zafar Bakhtawari said that Pakistan was facing dollar crisis and the development of Reko Diq and Saindak could bring billions of dollars to Pakistan and enable it to get rid of foreign debt.

He urged government to take all possible measures to establish peace in province that would enable investors to tap these natural resources. He said that development of Gwadar Port and Gwadar Industrial Estate should be expedited to make Balochistan hub of business activities.

He called on authorities to connect Balochistan through road and railways links with Iran and Afghanistan to increase regional trade. He said that development of blue economy in Balochistan could bring great benefits to country.

Published in The Daily National Courier, April, 12 2023

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