ISLAMABAD: Following improvement in law and order situation and the inauguration of China Pakistan Economic Corridor (CPEC), investors have started taking interest in investment in Balochistan.
According to a private news channel report, during the past a few weeks, the government has received more than five hundred applications from prospective investors who are ready to invest in industrial zone in Bostan, Quetta.
Officials said that processing of the applications had been started and sites would be allocated to the investors soon. DG of Small Industries Department, Saira Atta said that several years ago work was stopped on Bostan Industrial Estate due to volatile law and order satiation.
Now when situation improved, investors had started expressing their interest to set up businesses there, she added. Saira Atta said that Phase-I and II had been completed and facilities like electricity and gas had been provided to them.
She said that some of the government land was occupied by private people for the recovery of which they had talked to local administration. According to her, there were three industrial zones in the province which hosted 159 industrial units. Due to weak law and order situation, only 51 industrial units are working at present.
