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Bizenjo shares investment avenues with German envoy

January 21, 2023 09:01 PM


 Balochistan Chief Minister Mir Abdul Quddus Bizenjo has said Balochistan has a unique geographical location of a wide coastal belt, energy sources and valuable minerals, 24NewsHD TV channel reported on Saturday. 

The chief minister while briefing German Ambassador Alfred Grannas-who called on him, said the province has created a safe and favorable environment for foreign and local investment.

He apprised the Ambassador regarding Reko- Diq project and Gwadar Port saying that Balochistan has tremendous investment opportunities in various sectors.

He said that the government was providing incentives to investors to promote foreign investment.

The CM further said that Balochistan board of Investment and Trade (BBIT) and Public Private Partnership Authority (PPPA) Organizations were working to make business in the province easy and profitable.

The German Ambassador took a keen interest in the emerging business opportunities saying that the province is set to attract foreign investment.

He said that the German government would provide assistance in required fields, including skill training to the workforce and health sector adding that the promotion of trade relations with Balochistan could be improved further.

The envy said that Balochistan was very suitable for the development of alternative sources of energy adding we would promote cooperation in the energy and water sectors. 

"Balochistan will also be given priority in Germany s development program for Pakistan", he noted. The effects of climate change and the rehabilitation of flood victims were also discussed in the meeting. The Chief Minister also briefed on the damages caused in Balochistan by the torrential rains and flooding waters. 

Chief Minister said it is hoped that the international community will implement the announcements of cooperation for relief and rehabilitation.

The German ambassador expressed regret over the loss of life and property caused by the flood.  



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