AJK mature for business startups, incubators; says Masood Khan


KARACHI: Talking to prominent businessmen and academics in Karachi, Sardar Masood Khan, President Azad Jammu and Kashmir, has said that Azad Kashmir is mature for investment in extractive industry, advanced medical education, diagnostics, pharmaceuticals, medical equipment, banking and hydropower generation.
Earlier today he visited the Job Fair and Start Up Expo, organised by the prestigious Iqra University where more than 200 enterprises, corporations and businesses had come to hunt for talented graduates whom they could recruit. The corporate entities included media networks, energy giants, banks, textiles and designs houses, and startups offering innovative solutions.

KARACHI: AJK President Sardar Masood Khan addresses businessmen and academics in Karachi.

At the University, the President was received by Chancellor Erum Asad, Vice Chancellor Dr. Waseem Qazi and thousands of students attending the Job Fair.
The President said that the Iqra University, being the number one business school in quality, is a trendsetter for other educational institutions for promoting employment through a proactive outreach towards industry.
He said Azad Kashmir universities would also like to emulate this fine example by organising job fairs on a large scale and inviting entrepreneurs and private and public sector entities for recruiting fresh graduates.
“This would help us reduce unemployment in AJK, which was a whopping 11.5 % at the moment”, the President said.
Sardar Masood Khan appreciated the recent initiative taken by the Iqra Univesity to host a conference of the Deans and Directors of Business Schools to prepare the universities for the job markets being shaped up the China-Pakistan Economic Corridor (CPEC). “There must be corporate compatibility between Pakistan and China, and more collaboration and cohesion between academia and industry in Pakistan and Azad Kashmir”, he said.
He said that, in the extractive industry, the maximum potential was in granite and marble and Azad Kashmir’s indigenous investors and entrepreneurs were preparing the ground for joint ventures.
A three-member delegation comprised of Honorary Counsel Czech Republic Ahmad Ansari, Interglobe Holdings Private Limited Directors Talha Ansari and Abbas Ansari called on the President and expressed their keenness in exploring prospective investment opportunities in Azad Kashmir, especially in the extractive industry.
The President said that Azad Kashmir’s massive mineral deposits constituting granite, marble, and limestone provide huge potential for investment.