MIRPUR: As the Azad Jammu and Kashmir (AJK) government invited entrepreneurs from across the country to invest in tourism, energy, mineral and hotel industry sectors in state, a high level delegation of business fraternity from the Bohra Community Karachi paid visit to explore the possibility of investment in the aforesaid trade sectors in the state.
On the motivation of President Sardar Muhammad Masood Khan, the delegation comprising leading investors and traders of Bohra Community revisited the capital on the other day and took interest in investment after getting satisfied on the security and law and order in the state, official sources said.
Addressing a luncheon held for the delegation at the President House,
the President pointed out that Neelum Valley was very suitable for pharmaceutical industry as the valley was replete with natural herbal and medicinal plants which could also be planted there if required in suitable conditions.
Khan believed that after setting up mineral water plants, it could also be supplied all over the country from Neelum Valley.
He said vegetables, fruits and flowers were found in plenty in the area and could be preserved through technology to supply within the country adding that investment in agriculture, horticulture and floriculture was a pretty profitable business.
“There is also wide scope of producing LNG gas by setting up its plants in Neelum Valley that can be sold on cheap rates to the people of the vicinity. This will also help overcoming the problem of deforestation in the Valley, “ he said.
The president said the Valley was also rich in minerals. “The Valley also has Kashmir white marble and granite which can be supplied to the world after proper planning and production. There is also scope of housing and land development and solar energy in many parts of AJK.”
The head of Bohra Community delegation Mustansir Poonewala, Speaker Legislative Assembly Shah Ghulam Qadir and Minister Sports Ch. Muhammad Saeed also addressed the occasion and welcomed the investor’s delegation to AJK.
Meanwhile, the President inaugurated newly constructed President Secretariat in the State’s metropolis.
The multi-storey building comprises of 55 bed rooms. It has been built at the cost of Rs 900 Million with the financial assistance of China under the reconstruction program. He expressed thanks to Democratic Republic of China, Pakistan, ERRA/SERRA for construction of President Secretariat with modern facilities.