Home Gwadar Updates Business environment is being favorable for investment in Gwadar and CPEC: CEO BBIT
Gwadar Updates - Latest News - November 3, 2020

Business environment is being favorable for investment in Gwadar and CPEC: CEO BBIT

Chief Executive Officer of Balochistan Board of Investment and Trade (BBoIT), Farman Zarkoon said that the Balochistan Board of Investment and Trade is a one-stop window for foreign investors who are willing to invest in development projects in the province. He said that the business environment is being made favorable for those investors in Gwadar. Moreover, he said that development projects under CPEC will have a positive impact on the socio-economic fate of the province.

QUETTA: Chief Executive Officer of Balochistan Board of Investment and Trade (BBoIT), Farman Zarkoon, narrated in a statement that “many domestic and foreign companies are contacting for investment in Balochistan and are expressing interest in investing in various sectors of the province, which is a welcome development. The BBoIT is providing all facilities and detailed information to the investors and the business community.”

“Things are moving in a positive direction. We hope to give good news to the people soon in this regard,” he added. “Balochistan has changed now, investors’ confidence is being restored and they are ready to start their business here without any hesitation.”

He said “we have abundant natural resources that can be utilized for the development and prosperity of the province. Besides, there is a way of development in the form of Gwadar Port and CPEC. There are a number of incentives being offered which can be used to expand their businesses in Balochistan.”

He further said Balochistan Chief Minister Jam Kamal Khan Alyani had a vision for the promotion of investment and business activities in the province. He said that business and industrial activities would flourish in the province. On the other hand, new employment opportunities would be available for the locals of the province. He said BBoIT was fully prepared for that purpose and offered a comprehensive platform for the first time in history.-PR

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