Skip to main content

Disregarding security issues, CM Balochistan seeks foreign investment

 September 7, 2018

The newly appointed Chief Minister of Balochistan has said that incentives will be offered to foreign investors in order to create job opportunities for unemployed youth of Balochistan.

According to TBP correspondent, Chief Minister Jam Kamal Khan in a meeting with the Country Director of International Energy Company (IB Vogt) Murah Can on Thursday, said that apart from providing incentives to both local and foreign investors, the provincial government will also ensure security and protection of the investment.

However, economic experts have argued that such offers will not be taken seriously until and unless the security conditions in Balochistan are improved.

A professor of Economics in United Kingdom, who monitors the economic conditions in Balochistan and the region, told TBP that the very main factor a foreign investor considers before investing in new pastures is the law and order situation and the trustworthiness of authorities in the region.

‘Both of these are in very bad shape in Balochistan. Balochistan is a war-struck region and attacks by Baloch militants on government installations are routine. Even investment activities of foreign countries have been targeted in the region,’ he told TBP.

Commenting on the prevalent corruption by state departments, he said that until and unless the corruption issue is dealt with, no ethical company will put their stakeholders’ money at risk by investing in Balochistan. “This is not an easy task as corruption in Balochistan is a mammoth industry and the Pakistani military is the main beneficiary, which also calls all the shots in the country,” he said.

Balochistan suffers from a bleak security situation as Baloch militants have been warring Pakistani state for “independence of Balochistan”. China, which has invested heavily in resource-rich region, has also suffered multiple attacks in Balochistan.

On 11 August 2018, a suicide bomber attacked the Chinese employees working in Saindak Gold and copper mines in Dalbandeen, Balochistan, killing 4 persons including 3 Chinese workers.

Later the attack was claimed by Baloch Liberation Army (BLA) a Baloch armed group. The attack was carried out by elder son of Aslam Baloch, the top commander of BLA.

http://thebalochistanpost.net/2018/09/disregarding-security-issues-cm-balochistan-seeks-foreign-investment/

Comments

Popular posts from this blog

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed.
Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area”
For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number”
Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell you …

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میںPlease help the deserving persons...Salary:Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows;Welder: Rs. 1,700 dailyHeavy Duty Driver: Rs. 1,700 dailyMason: Rs. 1,500 dailyHelper: Rs. 850 dailyElectrician: Rs. 1,700 dailySurveyor: Rs. 2,500 dailySecurity Guard: Rs. 1,600 dailyBulldozer operator: Rs. 2,200 dailyConcrete mixer machine operator: Rs. 2,000 dailyRoller operator: Rs. 2,000 dailySteel fixer: Rs. 2,200 dailyIron Shuttering fixer: Rs. 1,800 dailyAccount clerk: Rs. 2,200 dailyCarpenter: Rs. 1,700 dailyLight duty driver: Rs. 1,700 dailyLabour: Rs. 900 dailyPara Engine mechanic: Rs. 1,700 dailyPipe fitter: Rs. 1,700 dailyStorekeeper: Rs. 1,700 dailyOffice boy: Rs. 1,200 dailyExcavator operator: Rs. 2,200 dailyShovel operator: Rs. 2,200 dailyComputer operator: Rs. 2,200 dailySecurity Supervisor: Rs. 2,200 dailyCook for Chinese food: Rs. 2,000 dailyCook…

The Rise of China-Europe Railways

https://www.csis.org/analysis/rise-china-europe-railways

The Rise of China-Europe RailwaysMarch 6, 2018The Dawn of a New Commercial Era?For over two millennia, technology and politics have shaped trade across the Eurasian supercontinent. The compass and domesticated camels helped the “silk routes” emerge between 200 and 400 CE, and peaceful interactions between the Han and Hellenic empires allowed overland trade to flourish. A major shift occurred in the late fifteenth century, when the invention of large ocean-going vessels and new navigation methods made maritime trade more competitive. Mercantilism and competition among Europe’s colonial powers helped pull commerce to the coastlines. Since then, commerce between Asia and Europe has traveled primarily by sea.1Against this historical backdrop, new railway services between China and Europe have emerged rapidly. Just 10 years ago, regular direct freight services from China to Europe did not exist.2 Today, they connect roughly 35 Chinese…