CPEC: SEZs all over AJK, says state PM

Gwadar Pro

Islamabad: Prime Minister of Azad Jammu and Kashmir (AJK) Sardar Abdul Qayyum Khan Niazi said this week that Special Economic Zones (SEZs) will be built in major AJK cities under the China-Pakistan Economic Corridor (CPEC) in addition to Mirpur and Bhimber districts.

Addressing the business community during his visit to Islamabad Chamber of Commerce and Industry (ICCI), HE SAID: “Soon a new Special Economic Zone will be announced in AJK under CPEC in addition to Mirpur and Bhimber SEZs. There will be SEZs in all major cities of AJK.”

He stressed that investors of this region should take advantage of these facilities for investment.

The AJK PM contended that AJK offered plenty of investment opportunities in tourism, mines and minerals, hydel power and other sectors.

He urged the investors of Islamabad to capitalize on these potential opportunities and his government would fully facilitate them.

Niazi mentioned that in line with the vision of Pakistani Prime Minister Imran Khan, promoting the economy of AJK was a key agenda of his government.

He remarked that the Tourism Authority was being formed in AJK to promote the tourism sector, which has already provided 8000 jobs.

He asked the business community of Islamabad to identify sites for investment and his government would provide them all possible facilitation as their investment would bring progress and prosperity to the region.

He instructed the Chairman AJK Board of Investment to keep in liaison with ICCI to facilitate its members for Joint Ventures and investment in AJK.

Sardar Amjad Jalil, Chairman, AJK Board of Investment (BOI) assured the business community and he would keep in touch with ICCI and would extend maximum facilitation to them for taking benefit of business and investment opportunities in AJK so that they could play a role in the economic development and jobs creation in the region.

Speaking on the occasion, Muhammad Shakeel Munir, President ICCI noted that many members of the Chamber were keen for Joint Ventures and investment in Azad Kashmir to contribute towards the economic development of the region and the AJK government should offer them attractive incentives.

He reiterated that the business community of Pakistan would continue extending political, diplomatic and moral support to the people of Indian Occupied Kashmir till the time they get the right to self-determination.

Jamshaid Akhtar Sheikh, Senior Vice President, Faheem Khan, Vice President ICCI, Zubair A. Malik, Ejaz Abbasi, Khalid Iqbal Malik and others also spoke on the occasion and expressed keen interest in investing in AJK.