Conference explores investment potential in AJK.

MUZAFFARABAD -- Azad Jammu and Kashmir (AJK) government organized an investment conference here on Wednesday to explore investment potential in different sectors including industry, tourism, agriculture, hydroelectric generation and natural resources of the region.

The conference was attended by Federation of Pakistan chambers of commerce and industry (FPCCI) and Faisalabad chamber of commerce representatives, besides AJK government officials and representatives of concern departments.

The conference was briefed by heads of different departments about opportunities and potential of development and benefits of private investment including joint ventures with public sectors.

Minister for finance Abdul Majid Khan while addressing the conference said AJK was an ideal place for investment in different sectors keeping view its political, social and economic conditions and exemplary law and order situation.

He said the region was blessed with scenic beauty for attracting tourists, precious gems like ruby, water resources and a better roads and communication network and government of the region spends 42 percent of its development budget on roads and communication infrastructure.

The minister further informed the participants that basic amenities like electricity and water supply was available even in the far-flung areas of the region...