GB has a great potential to generate 40,000 megawatts of hydropower. FPCCI The province also has attractive business and investment opportunities in tourism, minerals, agriculture, and dry fruit sectors.

ISLAMABAD  (  Web News )

Mr. Amin UllahBaig, Vice President of FPCCI and chairman Capital Office said that Gilgit-Baltistan has a great potential to generate 40,000 megawatts of hydropower. Apart from this, the province also has attractive business and investment opportunities in tourism, minerals, agriculture, and dry fruit sectors. The economy of Gilgit Baltistan, a region in northern Pakistan, is primarily based on agriculture, tourism, and mining. The area is rich in natural resources, including forests, minerals, and water, which present opportunities for economic growth and development. Federal & GB Governments should consider providing more attractive incentives to investors, especially in the tourism sector, so that high-quality hotels, roads, and other infrastructures in the area can be developed on modern lines that will attract tourists from all over the world to the region. Mr. Amin UllahBaig expressed above while talking to the meeting of all chambers and associations of Gilgit-Baltistan. Group Leaders, Presidents, Vice Presidents, and Executive Members of the Gilgit Chamber, Hunza Chamber, Ghizar Chamber, Skardu Chamber, Hunza Small Chamber &Gilgit Women Chamber & PGMA were present at the meeting.

All Members of Chambers and Associations of Gilgit-Baltistan expressed their full confidence in President FPCCI IrfanIqbal Sheikh, Vice-President and Chairman Capital Office Aminullah Baig, and other team members they further expressed  that the business, all Chambers and Associations of GB are united under the leadership of  Mr. Amin UllahBaig Vice President FPCCI & Chairman Capital Office, Islamabad. We are enthusiastic working together for the construction and development of Gilgit-Baltistanand promotion of trade, industry and resolution of solving the problems of the business community.

Mr. Amin UllahBaig, Vice President of FPCCI and chairman of Capital Office assured the delegations to early resolve their issues on a priority basis and explained FPCCI will raised their voice in every forum till end the problems. The Federation is Organization of every body of businessman. The business community of GB should develop unity to get their issues resolved on priority. He further said that  Gilgit Baltistan is rich in natural resources and natural beauty and its for sure that Gilgit Baltistan is rich in mines and mineral resources and have an important geographical position in the region due to CPEC.

He emphasized that tourism is the hidden treasure of Pakistan and has the potential to transform the country’s economy. He further said that GB has immense potential in the mine and minerals industry as the region has a wide range of most exquisite gemstones, including aquamarine, topaz, tourmaline, emerald, ruby, sapphire, quartz, quartz group, and garnet.

Amin Ullah Baig said that the Gilgit Baltistan’s Business Community is eligible to get government’s relief the GB Region. In the end, Je said that this will give benefit the common man of GB while creating job opportunities.  Due to the lack of training and technological facilities in GB, the Business community is facing many problems in the production sector, and to overcome the problems.