CM Zehri offers incentives to investors

CM says government will provide them with adequate security for their capital and business


Mohammad Zafar March 27, 2017
A general view of Pakistan's Gwadar deep-sea port on the Arabian Sea. PHOTO: REUTERS

QUETTA: Balochistan Chief Minister Nawab Sanaullah Zehri offered attractive incentives to potential investors for investing in Gwadar and assured them that his government will provide them with adequate security for their capital and business.

Launching the Gwadar Gymkhana project on Sunday, Zehri said that with the cooperation of China, country’s biggest international airport is being built in Gwadar which will help connect the region with the rest of the world.

He said Gwadar would be the centre of business activities and trade in the region backed by the unlimited mineral and sea wealth of Balochistan.

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Referring to the commercial activities, the chief minister said that the government had already inaugurated the Free Trade Zone and Free Industrial Zone inviting investors to put their capital in any sector of the local economy by establishing commercial complex or setting up industrial units.

He assured the potential investors, both local and foreign, that the government would protect their capital, life and property by building an investor-friendly society in Balochistan, particularly in Gwadar and its surroundings.

By announcing incentives and facilities, the government had gained the confidence of the business community which is now showing interest in launching their commercial and industrial ventures in Gwadar or elsewhere in Balochistan, Zehri said.

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He said that a master plan for a massive and comprehensive development of Gwadar had been prepared and is being implemented in phases. At the present stage, the government is developing the basic infrastructure of the Gwadar City where basic amenities and facilities would be provided to the local residents.

The chief minister made mention of Prime Minister Nawaz Sharif’s visit to Gwadar where he addressed a meeting indicating that the government is enjoying the trust and confidence of the people of Balochistan. During his speech, he made a number of announcements, including a desalination plant for drinking water supply and other schemes.

 

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