Efforts underway to bring foreign investment in GB: Gandapur

ISLAMABAD: Kashmir Affairs and Gilgit-Baltistan Minister Ali Amin Khan Gandapur on Saturday said efforts are underway to bring foreign investment in the tourism and mineral sectors in Gilgit-Baltistan.

He said this while presiding over a meeting of the public sector development projects of Gilgit-Baltistan in the federal capital.

“The energy projects in the region are very important as thousands of megawatt electricity could be generated through them,” the minister said.

He directed to expedite work on energy projects in Gilgit-Baltistan, saying that provision of Public Sector Development Programme (PSDP) fund would be ensured to complete these projects.

Gandapur said Gilgit-Baltistan was rich in mineral resources and most of them were being exported in raw form.

He said that establishment of finishing goods factories was necessary in Gilgit Baltistan so that capacity building could be enhanced and job opportunities could be created in the region.

The meeting was briefed about the progress on 15-megawatt Hanzal Power Project, 26MW Shigar Thang Hydle Project, 34MW Harpo Power Project, 4MW Chillas Power Project, 16MW Naltar-3 Power Project, 30MW Ataabad Power Project, Gilgit Cardiac Center and other projects.

The meeting was also briefed on the tourism and mineral policy in the area.

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