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Quetta One Stop Facilitation Center established to assist investors willing to invest in CPEC projects
March 18, 2019
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ISLAMABAD, March 18 (APP):To facilitate local and foreign investors, the provincial government has established China Pakistan Economic Corridor (CPEC) one stop facilitation center at Balochistan Civil Secretariat Quetta.
The facilitation center was aimed at providing information to intending investors about the method how to invest in CPEC related projects in the province.
Talking to APP, Balochistan Minister for Commerce and Industries, Haji Muhammad Khan Monday said the provincial government had also allocated a land to set up an expo center in Quetta to provide a platform to industrialists and traders to introduce their products in the market, he said.
The feasibility report for Bostan Industrial Zone had been finalized and an increase of 1,000 acre land was also approved by the authorities concerned in the already allocated land.
He said the various industries including fruit processing, manufacturing of agricultural machines, pharmaceutical, motorbikes assembly, chromites, cooking oil, ice and cold storage, electrical appliances and halal food would be set up in the zone.
The minister said the development of Hub Industrial Trading Estate Phase-2 was also among the top priority of the government, adding the carpeting and extension of the main road in Hub Industrial Zone was also under consideration, he informed.
He said the government had planned to install fruit processing units on the western route of CPEC.
The government had already scheduled the project of stainless sector to utilize the huge reserves of chromites in the province under CPEC, he added.
He said the government was also establishing an industrial zone in Chaman and a road would also be constructed to link that zone with Bostan industrial zone.
He said the provincial industrial sector would gain further momentum in near future as the government was keen at taking further initiatives into the matter.
The minister said the government was also taking steps to bring improvements in industrial output by shifting some production units from China to Gwadar industrial zone.
March 18, 2019
ISLAMABAD, March 18 (APP):To facilitate local and foreign investors, the provincial government has established China Pakistan Economic Corridor (CPEC) one stop facilitation center at Balochistan Civil Secretariat Quetta.
The facilitation center was aimed at providing information to intending investors about the method how to invest in CPEC related projects in the province.
Talking to APP, Balochistan Minister for Commerce and Industries, Haji Muhammad Khan Monday said the provincial government had also allocated a land to set up an expo center in Quetta to provide a platform to industrialists and traders to introduce their products in the market, he said.
The feasibility report for Bostan Industrial Zone had been finalized and an increase of 1,000 acre land was also approved by the authorities concerned in the already allocated land.
He said the various industries including fruit processing, manufacturing of agricultural machines, pharmaceutical, motorbikes assembly, chromites, cooking oil, ice and cold storage, electrical appliances and halal food would be set up in the zone.
The minister said the development of Hub Industrial Trading Estate Phase-2 was also among the top priority of the government, adding the carpeting and extension of the main road in Hub Industrial Zone was also under consideration, he informed.
He said the government had planned to install fruit processing units on the western route of CPEC.
The government had already scheduled the project of stainless sector to utilize the huge reserves of chromites in the province under CPEC, he added.
He said the government was also establishing an industrial zone in Chaman and a road would also be constructed to link that zone with Bostan industrial zone.
He said the provincial industrial sector would gain further momentum in near future as the government was keen at taking further initiatives into the matter.
The minister said the government was also taking steps to bring improvements in industrial output by shifting some production units from China to Gwadar industrial zone.
