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Home Chambers & Associations

Businessmen asked to invest in hydropower projects in AJK‏

byCT Report
19/10/2015
in Chambers & Associations, Latest News, Pakistan Chambers
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ISLAMABAD: Azad Kashmir offers tremendous investment opportunities in hydropower, minerals, tourism, handicrafts, small industries and other sectors and Pakistani investors should take full advantage of these lucrative prospects by enhancing investment in AJK. This was stressed by Ch. Muhammad Yaseen, Senior Minister of Azad Jammu and Kashmir while exchanging views at Islamabad Chamber of Commerce and Industry. He visited ICCI to congratulate Atif Ikram Sheikh President and other office bearers on their election.

He said AJK government was making investment-friendly policies to exploit all unexplored natural resources which were in plenty and added that time was ripe for Pakistani investors to pay more attention to this region for investment. He appreciated the efforts of Pakistan Government and Pak Army for restoration of peace and hoped that these positive efforts would help in boosting investment and business activities in Pakistan and AJK. He assured that AJK Government would provide all possible security and facilities to the businessmen for investing in the region.

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Atif Ikram Sheikh, president, Islamabad Chamber of Commerce and Industry thanked Ch. Muhammad Yaseen, Senior Minister of AJK for visiting ICCI to congratulate him. He said according to some estimates, AJK as the potential to generate 18000MW hydropower and stressed that small dams should be constructed in the region to produce cheap electricity that would give boost to industrialization in Pakistan as well as in AJK.

He said AJK was an attractive region for tourism and emphasized that AJK Government should focus on improving roads infrastructure that will facilitate growth of business and investment activities as well. He assured that ICCI would extend all possible cooperation in promoting investment in Azad Jammu & Kashmir.

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