Balochistan to Boost Investment with New Initiatives and Business Summit
Quetta:In a high-level meeting chaired by Balochistan Chief Minister Mir Sarfaraz Bugti, the Board of Directors of the Balochistan Board of Investment and Trade (BBOIT) decided to take significant steps to revitalize the board and promote investment in the province. The meeting also approved the appointment of the new head of the investment board and discussed various proposals aimed at attracting both domestic and foreign investors to Balochistan.
One of the key decisions taken during the meeting was the establishment of facilitation centers for investors, which will provide essential services to both local and international businesspeople. To oversee the implementation of these initiatives, Chief Minister Bugti ordered the formation of a committee, which will be led by the Chief Secretary of Balochistan.
Additionally, the meeting agreed to host the “Balochistan Business Summit” to further promote investment in the region. Addressing the gathering, Chief Minister Bugti highlighted Balochistan’s vast natural resources and extensive coastal areas, which make it an ideal location for investment. He assured the attendees that the provincial government would create a conducive environment for investors, ensuring the provision of all necessary facilities for establishing factories and businesses.
The Chief Minister also emphasized that investors would be provided with foolproof security to ensure their safety. “We want investors to come to Balochistan without any fear. We will guarantee complete security for them,” he said. He added that private investors were showing strong interest in establishing industrial estates in the province, and the provincial government would provide essential infrastructure, water, gas, and other facilities to make Balochistan a favorable destination for investment.
CM Bugti instructed the BBOIT to design projects that would enhance the province’s resources and attract more investors. “It is vital to create an environment that ensures a safe and secure atmosphere for investors,” he stated.
He also mentioned that the influx of investors into Balochistan would lead to the province’s economic self-sufficiency, contributing to the overall prosperity and development of the region. The meeting was attended by Chief Secretary Shakil Qadir Khan, BBOIT Vice Chairman Bilal Khan Kakar, CEO of BBOIT Major (Retd) Kabir Zarkoon, and other relevant officials.
The new initiatives are expected to further boost Balochistan’s position as a key investment hub in Pakistan, leveraging its strategic location, natural resources, and untapped potential.
