The initiatives unveiled by Prime Minister Shehbaz Sharif during his recent visit to Gilgit-Baltistan spanning vital infrastructure projects, educational programs and energy enhancements represent a substantial boost for the region’s long-term development. His commitment to supplying 100 mega-watts of electricity, establishing a Rs 1 billion endowment fund for outstanding students and pro-moting tourism illustrates a well-rounded approach to meeting the region’s immediate needs while laying the groundwork for sustained growth.
At the heart of these announcements lies the understanding that the region holds enormous poten-tial across multiple sectors. G-B’s breathtaking landscapes, rich cultural heritage and strategic loca-tion present a unique opportunity. The Prime Minister’s reference to Qatari investors’ interest in the region’s tourism sector underscores this potential, highlighting a possible future where G-B emerges as one of the most sought-after tourist destinations in South Asia. With well-planned infrastructure development—especially improved roads, transport options and hospitality facilities—G-B could see a significant inflow of tourists which would stimulate the local economy, create jobs and generate valuable foreign exchange reserves.
In addition to tourism, G-B has rich agricultural and mineral resources that can be leveraged to spur economic development. The region’s favourable climate conditions make it ideal for fruit and nut production, including apricots, apples, cherries and walnuts. Yet, a significant portion of this produce is lost due to a lack of proper value chain, processing and marketing facilities. Investing in these ar-eas could open new avenues for export, enhance farmers’ income and reduce wastage. Similarly, G-B’s vast mineral wealth, including high-quality quartz and gemstones such as agate, amazonite, and jadeite, presents substantial opportunities. Developing mining and processing industries in G-B could attract domestic and international investors, fostering local job creation and adding value to Paki-stan’s exports. Gilgit-Baltistan’s geostrategic importance further amplifies its role. With sustained investment and a focused approach to sustainable development, the region could play a transforma-tive role in the country’s economic future.
