LAHORE – A two-day Ambassadors Investment Conference jointly organized by the Lahore Chamber of Commerce and Industry and Gilgit-Baltistan government will start on May 15 at a local hotel in Skardu.
Basic objective of the event is to bring the limelight the potentials of treasured land of Gilgit-Baltistan.
As many as 35 ambassadors and a large number of businessmen and experts of different economic sectors are likely to take part in the conference.
An exhibition of Gilgit-Baltistan products has also been arranged on the sidelines of the conference.
The Speakers include Governor Gilgit-Baltistan Shama Khalid, Chief Minister Syed Mehdi Shah, the LCCI President Zafar Iqbal Chauhdry and Advisor to Governor Gilgit Baltistan Mian Shafqat Ali.
All the government departments would also give presentations to the participating ambassadors.
There are number of areas of investment at GB including tourism, agriculture, minerals, hydel power generation.
The investment friendly atmosphere in Gilgit-Baltistan with incentives such as tax free zone, skilled labour availability and properly developed road network ensures conducive environment for business promotion.
Gilgit-Baltistan has 50,000 MW Hydel electricity generation potential which is yet to be tapped and foreign investors can make investment in this area. Organic Farming has a very huge potential for the investment because of the availability of a very hard working human resource and with little crime rate in all the seven districts of Gilgit-Baltistan.
Source: The Nation