AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

ISLAMABAD: National Assembly Speaker Asad Qaiser said that Gilgit-Baltistan (G-B) had a huge natural potential, and it could be used significantly for development through public-private partnership (PPP) under the China-Pakistan Economic Corridor (CPEC).

He expressed these views in a meeting with Speaker G-B Assembly Amjad Hussain Zaidi at the Parliament House on Tuesday.

Speaker Qaiser congratulated Amjad Hussain Zaidi on assuming the office of the Speaker G-B Assembly.

The NA speaker said that the projects under the CPEC would usher in a new era of development and prosperity in the region.

He said that G-B’s role in the CPEC was pivotal.

He further said that the G-B had a huge natural potential, which could be used to significantly increase the development of the area.

He proposed a committee in the G-B Assembly to oversee the projects in the area.

He also informed that public and stakeholders’ engagement was imperative for achieving the desired results of the CPEC.

He informed that in that regard, a series of consultations with stakeholders, intelligentsia, government officials, and the business community, and a sitting would also be arranged in Gilgit, tentatively, in March this year.

He said that a component in the CPEC amounting to $1 billion had been reserved for education, vocational training, and tourism development, therefore, in order to fully materialise the financial allocation necessary planning be done for its full utilisation.

He said that the people’s sense of deprivation would be eradicated by redressing the injustices done to them in the past. The said that G-B was an integral part of Pakistan, and the incumbent government was committed to the development and prosperity of the area. He said that the government of Pakistan had initiated priority steps for its social-economic development.

Meanwhile, G-B Speaker Amjad Hussain Zaidi thanked the speaker National Assembly and appreciated his sentiments for the development of the region.

He said that undoubtedly the CPEC project was the guarantor of development and prosperity of Pakistan especially G-B.

He said that the people of G-B had reposed confidence in the PTI in the recent elections, and the government would try to come up to their expectations.

Zaidi said that as per the vision of Prime Minister Imran Khan, steps were being taken on priority basis for the development of the G-B.

He said that G-B had been blessed with immense tourism potential, and provision of infrastructure in the tourism sector could further improve the living standards of the people of the area.

He said that with the timely completion of ongoing projects under the CPEC, the goals of economic development in G-B could be achieved.

Copyright Business Recorder, 2021

Comments

Comments are closed.