Belarus shows great interest for investment in Balochistan  

Belarus shows great interest for investment in Balochistan  

QUETTA: (APP) Belarus has shown great interest in making investment in various sectors of the province including setting up a joint venture with Balochistan in preparing heavy machinery used in agriculture and mining sectors.

It has also expressed interest to establish a vocational training institute to impart technical training to Baloch youth.

This was disclosed in a meeting held between Chief Minister Balochistan Nawab Sanaullah Khan Zehri and Belarus Ambassador Mr. Andrei G. Ermolovich   here Thursday.

In the meeting, both the sides exchanged views regarding opportunities of investment in different sectors of the province and promotion of mutual cooperation.

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Additional Chief Secretary Planning and Development Muhammad Daud Barech was also present in the meeting.

The Chief Minister said Balochistan was significantly rich in mineral resources and government wanted to utilize the resources of Rekodiq and others in a transparent way for the well-being of masses. Thus, he said, for achieving this goal government was encouraging foreign investment and welcomes the support of friend countries in this connection.

"Balochistan has abundance of reserves of gold, copper, iron, marble and many other valuable minerals. The investors can make profitable investment in these sectors," he told Belarus envoy.

Nawab Zehri said Gwadar was the future of Pakistan and was going to become the hub of trade and industry.

Referring to tractors made by Belarus, Nawab Zehri said these tractors were very famous in Balochistan and the farmers widely use such tractors.

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Ambassador of Belarus Mr. Andrei G. Ermolovich offered Balochistan government for preparation of heavy machinery after setting up a joint venture and said he would produce recommendations to his government in this regard.

Showing interest in marble and other mineral resources, agri and marine products, he said they would review to import these products from Balochistan. "Recently president of Belarus visited Pakistan, and during the visit both countries had showed willingness to increase the volume of business to $ 1 billion by 2020 besides increasing regional cooperation," he added.

Mr. Andrei G. Ermolovich said a delegation led by governor of Brest province of Belarus accompanied with investors and traders would soon visit Balochistan.

Terming CPEC an important project, he said making youth of Balochistan skillful Belarus would establish a vocational training centre in the province.

He also invited Chief Minister to visit Belarus along with parliamentarians and a group of traders which was accepted by Chief Minister Balochistan and assured he would soon visit Belarus along with his group.