Masood encourages overseas Kashmiris to invest in AJK

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ISLAMABAD: AJK President Sardar Masood Khanhas said that the overseas Pakistani-Kashmiri community has proved to an invaluable asset for the country as they have actively leveraged their strengths in advocating the Kashmir issue and have brought pride to the country through their active engagement in the political and social fabric of their adopted countries.

The President made these comments while interacting with a twelve-member delegation of overseas Kashmiris from Europe led by Chairman of Jammu and Kashmir Self-determination Movement International, Raja Najabat Hussain.

The participants hailing from various walks expressed their keen interest in investing in Pakistan and Azad Kashmir, especially in the real-estate sector, infrastructure development, agriculture, livestock and power production projects. They said that the overseas community desires the encouragement to come and invest here. They requested that one-window services may be provided and a similar conducive environment is provided to them to help boost their confidence.

The delegation informed the President that overseas businessmen have to be encouraged by incentivizing and creating opportunities to help them accommodate in this less familiar economic environment. They said that overseas Kashmiris face various issues which tend to remain unresolved over time due to non-familiarity with codal and legal formalities adopted here. They requested that special services and legal facilities in this regard may be provided to the overseas Kashmiris facing such issues.

The President informed that under the current Government, both the AJK Board of Investment and the Overseas Commission are being made more active in order to directly cater to the needs of the overseas Kashmiris. He said that the young generation of overseas Kashmiris will be given a chance to explore investment opportunities in incubation centers and startup centers in public sector universities of AJK in Muzaffarabad and Mirpur.

President Masood said that diversified investment opportunities will be explored especially in the tourism sector, extraction industry and the software houses.