Balochistan has ample investment opportunities says CE BIB

Quetta,   (Parliament Times) : Balochistan Investment Board Chief Executive Farman Zarkoon said that for the first time in Balochistan, an investment policy has been introduced. Talking to various delegations of investors in Karachi he said that innumerable incentives and facilities have been provided to domestic and foreign companies for investment in Balochistan. An attractive environment has been provided, which includes tax exemption for 23 years, 100% exemption in customs duty for construction and operations, land lease for 99 years, flexibility in visa rules, offices, international standard infrastructure and security arrangements. Small industrial units and warehouses are ready for use. Apart from this, numerous concessions have also been given in the free trade zone. Oil City is being set up on 8,000 acres. He said that there are vast investment opportunities in supermarkets, power generation projects, oil terminals, warehouses, container rails, import industries, tourism infrastructure and hotels, which can be exploited to the fullest. There are numerous investment opportunities in livestock, tourism, special economic zones, industrial and construction sectors, agriculture and other sectors.