Balochistan makes a pitch for foreign investment

Balochistan makes a pitch for foreign investment

DAVOS: The civil and military leaders from Baluchistan have offered the global elites to invest in the deep seaport of Gwadar and mines and mineral sectors of the province which, they believe, has the potential to bring prosperity to the whole region.

Baluchistan Chief Minister Jam Kamal and Quetta Corps Commander Lt Gen Asim Saleem Bajwa on Wednesday highlighted the future economic prospects of the once insurgency-hit province at traditional Pakistan Dinner arranged by the Pathfinder Group on the sidelines of Annual World Economic Forum.

“With the improvement in geo-politics situation, the focus is shifting towards geo-economics. Gwadar is going to be connected through Afghanistan and Central Asia to Russia. We see other regional ports as complementary ports to Gwadar,” said Lt Gen Bajwa.

The event provided an opportunity to tell the richest people of the world about the developments that have taken place in past couple of years and the benefits that the impoverished provinces may reap in coming years.

The corps commander said the province offers unique economic opportunities. There is also unique collaboration between the civil and military leaderships to take Baluchistan forward, he added.

Bajwa said Baluchistan has remained victim of terrorism because of turbulence from across the border.

Pakistan ultimately realized that it has to manage its own borders and started constructing fence on border with Afghanistan. The border is becoming stable and Pakistan is constructing a five-kilometre-long fence every day to fully fence the border by end of this year.

“The incidence of terrorism in Baluchistan has drastically reduced. The so-called insurgency has already died down and there are only few incidents that happened last year,” the corps commander added.

He said the much-needed political stability is also coming in Baluchistan and there is the best political dispensation in Baluchistan today. The security situation has improved and the province has got momentum for development.

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