Friday, May 10, 2024

French companies are planning to invest in Gilgit Baltistan’s ski resorts

According to Federico Juan Tomas Espana, French Honorary Investment Counsellor, French companies are eager to participate in Pakistan’s tourist sector and build ski resorts in Gilgit-Baltistan. He revealed the information while leading a delegation of French businesses to a meeting with BOI Secretary Fareena Mazhar.

To assist the business group, the BOI has organised a tour of the delegation to five districts in Gilgit-Baltistan, including Ghizar, Astore, Phandar, Nagar, and Skardu, in collaboration with the Gilgit-Baltistan government.

Mazhar, speaking at the event, stated that the recently published Investment Strategy 2020-23 sought to encourage foreign investment into various areas of Pakistan’s economy.

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