Maqpondass Special Economic Zone to Boost Investment in Gilgit-Baltistan

Accra:Gilgit-Baltistan The ‘Maqpondass Special Economic Zone’ is being developed in Gilgit-Baltistan, supported by the Special Investment Facilitation Council.

According to Radio Pakistan, the economic zone will cover 250 acres and is being established through a public-private partnership.

The new zone aims to create substantial investment and employment opportunities in various sectors, including agriculture, minerals, handicrafts, and wood products.

With Gilgit-Baltistan’s abundant natural resources and direct access to Chinese markets, the zone is expected to significantly enhance investment and commercial activities in the region.

Check Also

AJK PM Highlights Economic Benefits of Hydropower Development

Muzaffarabad:Prime Minister of Azad Jammu and Kashmir Iftikhar Gilani emphasized the potential of hydropower to boost state revenue and create jobs during a meeting in Muzaffarabad. According to Radio Pakistan, Gilani chaired a meeting of the Board ...