Ripe for investment: Vast opportunities in AJK

Pak-China Club President said in order to boost the industrial sector, reduction in taxes and custom duty was needed

KARACHI:

Vast investment opportunities are present in Azad Jammu and Kashmir (AJK) and our traders and industrialists should come forward to avail them, said AJ&K President Sardar Muhammad Yaqoob Khan, while talking to a delegation of the Pak-China Club.

“Local and foreign investors could get the best results by investing in AJK. There is no law and order problem here,” he said, adding that his government was giving priority to education and currently the region’s literacy rate stood at 75%.

Meanwhile, Pak-China Club President Javed Asghar Arain said in order to boost the industrial sector, reduction in taxes and custom duty was needed. “There are so many taxes and they keep on increasing the cost production of our goods, making them uncompetitive in the international market.

“China is fully committed to helping Pakistan in terms of economic development and many Chinese companies have assured heavy investment in the country,” added the Pak-China Club Chief Adviser Huang Junqiang.

Published in The Express Tribune, November 10^th, 2015.

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