Qatari investors to set up trade units in Balochistan

Pakistan Observer | 24 February 2009

by APP

Quetta—Investors of State of Qatar have expressed their interest for making investments in agriculture and fisheries sectors in coastal areas of Balochistan, and they will soon set up their industrial, agricultural and trade units in the coastal areas of the province. This was stated by chairman investors group of State of Qatar, Shaikh Ali Bin Abdullah Althani while talking to Balochistan Chief Minister Nawab Muhammad Aslam Raisani. A delegation of Qatar’s investors group led by Shaikh Ali called on Raisani here at the CM secretariat on Sunday.

Shaikh Ali Bin Abdullah said that his investment group would soon establish its industrial, agricultural and trade units in the coastal areas in view of incentives and facilities being provided by the federal and the provincial governments to investors in Balochistan. Adding, his group’s technical experts would soon visit the sites for setting up the units in the province. He also announced that his investment group would launch welfare projects for the people of Turbat, Hoshab and their surrounding areas in the province.

He also announced that his group would set up a modern technical education school in Hoshab town aimed at providing advanced technical training to youths in order to produce skilled hands in Balochistan. Besides, his investment group would support financially water supply schemes in Turbat and Hoshab towns and their adjoining areas in the province, he added. The members of the delegation also expressed their interest to set up a technical education school in Quetta. In this regard a report had been completed and work on the project would soon be started in the provincial capital.

The participants of the delegation lauded the incentives and facilities being provided by the federal and provincial governments to investors in the province.

Speaking on the occasion, the CM assured the members of the delegation that the provincial government would provide land to the investment group for setting up technical school in Hoshab. Raisani said that the efforts of the provincial government regarding encouragement of investors in West Asia and other Arab countries were producing fruitful results, and a great investment group was expressing its interest for investing in the province. He informed the participants of the delegation about the overall investment opportunities in mineral, agriculture, fisheries, sea-foods, energy and in Gawadar port city in Balochistan. He further informed them about the incentives and facilities being provided by the federal and provincial governments to investors in the province.
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