Balochistan to Revitalize Investment Board and Hold Business Summit to Boost Economic Growth
Islamabad:The Balochistan government has decided to reactivate the Balochistan Board of Investment and Trade (BBoIT) to accelerate economic growth and attract investors. To fast-track this process, Balochistan’s Chief Minister, Sardar Mir Jan Muhammad Khan Jamali, has formed a committee under the leadership of the Chief Secretary to oversee the project.
The committee has also agreed to organize a Balochistan Business Summit aimed at showcasing the province’s investment potential. Speaking on the initiative, Chief Minister Sardar Mir Jan Muhammad Khan Jamali stated that investors would be provided with all necessary facilities to establish factories in Balochistan. He emphasized that the government would ensure foolproof security for investors, assuring them that they would face no security concerns when investing in the province.
Chief Minister Jamali also revealed that private investors have shown a keen interest in setting up industrial estates in Balochistan. He assured that the government would facilitate investment by providing essential infrastructure, including gas, water, and other basic amenities. This would create a conducive environment for business growth and economic development.
In addition, CM Jamali directed the BBoIT to develop projects that would enhance the province’s resources and contribute to its long-term economic prosperity.
This move is expected to have a significant impact on Balochistan’s economic landscape by attracting both domestic and foreign investments. The establishment of more industrial estates and improved security measures could play a pivotal role in revitalizing the province’s economy and creating job opportunities for its residents.