Saturday, May 10, 2025
French firms eager to develop ski resorts in G-B

French firms eager to develop ski resorts in G-B

French enterprises are keen to invest in the tourism sector of Pakistan and establish ski resorts in Gilgit-Baltistan, said French Honorary Investment Counsellor Federico Juan Tomas Espana.

He made the revelation in a meeting with Board of Investment (BOI) Secretary Fareena Mazhar while heading a delegation of French businessmen.

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

Speaking on the occasion, Mazhar said that the recently launched Investment Strategy 2020-23 was aimed at attracting foreign investment to different sectors of Pakistan’s economy.

“The strategy provides a comprehensive investment cycle, consisting of policy advocacy, market research and investment facilitation,” she said. “It offers protection to foreign businessmen through investor tracking, sector scanning and aftercare services to investors and projects.”

The BOI secretary told the delegation that 22 Special Economic Zones (SEZs) were present in the country and invited French companies to either set up their business in the SEZs or establish an exclusive SEZ for French enterprises.

https://tribune.com.pk/story/2326553/french-firms-eager-to-develop-ski-resorts-in-g-b

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