Islamabad: The government of Gilgit-Baltistan has decided to establish a special economic zone for the gold and mining sector, with work on the project already underway. According to government sources, the special zone will facilitate the processing of applications for gold and mining concessions and ensure transparency in the awarding of contracts.
The government of Gilgit-Baltistan has also decided to award gold and mining concessions to local and foreign companies, with thousands of applications received from China, Middle East, and other countries. The awarding of mining contracts is expected to generate significant foreign exchange earnings for the country.
According to Special Assistant to the Chief Minister of Gilgit-Baltistan, Shah Hussain, work on the special economic zone has already commenced. “The government of Gilgit-Baltistan is committed to supporting the development of the gold and mining sector in the region,” he said.
Gilgit-Baltistan is rich in natural resources, with significant deposits of gold, copper, uranium, and precious stones, including emeralds, topaz, and tourmaline. The region’s mining sector offers vast opportunities for investors and businessmen, with the government committed to creating a favorable business environment and attracting investment to the sector.
Collaborate with local companies and investors to access the region’s mineral wealth.Invest in infrastructure projects, such as roads and bridges, to facilitate mining operations.Introduce modern mining technologies to improve efficiency, reduce environmental impact, and increase productivity.
Acording to shah hussian The government of Gilgit-Baltistan is committed to supporting the development of the mining sector in the region. With its vast mineral resources and favorable business environment, Gilgit-Baltistan is an ideal destination for investors and businessmen looking to tap into the region’s gold rush.
