BBOIT organises webinar with S Africa

Increasing trade, building strong relations with potential investors on the cards

QUETTA:

The Balochistan Board of Investment and Trade (BBOIT) organised a webinar with South Africa on Monday.

It was the first time the government of Balochistan undertook this initiative and organised a webinar with South Africa apart from other African countries to engage potential investors and stakeholders to invest in the largest province of Pakistan.

Many African countries and their business tycoons participated in the webinar and expressed their maximum interest towards the investment opportunities being offered to them.

While addressing the participants of the seminar, BBOIT Chief Executive Officer Farman Zarkoon said that it is worth mentioning the many similarities between Balochistan and South Africa, such as mining, advanced agriculture, and tourism. “South Africa is a gateway to all African countries and similarly, Gwadar is a gateway to South Asia,” he said, adding that there are a lot of lessons we can learn by highlighting Balochistan's potential and sharing ideas with African countries.

Zarkoon further said, there are many local investors and foreign companies which are already operating in South Africa's mining and cultural sectors. “The aim of the webinar was to attract and inform the African investors about the opportunities in Balochistan so that the relationship between Pakistan and South Africa could be improved.”

BBOIT also plans to exchange delegations between Pakistan and various other African countries in order to highlight the potential of Balochistan, increase trade and build strong relations with the potential investors.

Published in The Express Tribune, October 6^th, 2020.