Chief Minister Balochistan Mir Abdul Quddus Bizenjo has said that Balochistan would become a field of foreign investment in the region in next few years.
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He expressed these views on Thursday during second annual general meeting of BBI & T and the sixth meeting of the Board of Directors was held under the chairmanship of Chief Minister Balochistan and Chairman Balochistan Board of Investment and Trade Mir Abdul Quddus Bizenjo.
All the members of the board attended the meeting while the chief executive officer of the organization Saeed Ahmed Sarpra briefed the meeting about the points on the agenda and the overall performance of the organization.
CEO Balochistan Board of investment Saeed Ahmed Sarpara has said that awareness of investment opportunities and prospects in the province is the mandate of the organization to provide facilities and business facilities to investors. He informed that international investors are taking keen interest in various sectors of Balochistan.
They have proposed and offered 14 billion investment projects in various sectors, while the Balochistan government has signed 3.5 billion investment agreements with various companies and so far invested a total 400 million. MoUs for work projects have been signed in different sectors.
The meeting approved the decisions of the last meeting of the Annual General Meeting. The Board of Directors approved the financial statements of BBI & T for the financial years 2020 and 2021.
The meeting also approved the appointment of auditor for the financial year 2022. And also agreed with the proposal to appoint a Vice Chairman for the Board of Directors of BBI & T.
Addressing the meeting, the Chief Minister said that our first objective is to restore the confidence of investors and the recent agreement of Reko Diq would prove to be a significant development in this regard.
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The Chief Minister said that we have to open Balochistan for investors for which the world has to be made aware of the investment opportunities and possibilities in Balochistan. The Chief Minister said that Balochistan would become a field of foreign investment in the region in the next few years if our policies regarding investment were sound.
