KARACHI: Vice President and Regional Chairperson of Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Balochistan, Fehmida Jamali, said investment can change the fate of underdeveloped, but resource-rich Balochistan.
“We have land but lack experts and skilled people, however investment can change the picture of current things,” she said while talking to a delegation. She demanded of the federation to cut its own share and give more resources to the provinces, besides proposing that area, instead of population, be made the major determinant for giving the provinces their share in the federal divisible pool.
“As poverty, unemployment and shortage of resources are the main problems of the province. Balochistan is rich in mineral resources and there is a need to utilise them through proper planning.”
Fehmida said total budget of the province is Rs 45 billion whereas a sum of Rs 55 billion was required only for education.
She said Reko Diq copper-cum-gold mine, Gwadar port and untapped oil and gas resources of Balochistan have the potential to turn around the economy of the province and that of the country in a matter of few years. Unfortunately, these mega projects having far reaching economic implications for the country have been webbed in by political compulsions and legal lacunas.
It is high time that the people and the government of Pakistan decades’ to break themselves free from the entwinements of the major power and take control of their own destiny. We must stop blaming regional and international players for lack of development in the province.
The government took refuge behind such pretexts for last sixty-three year, which only contributed towards worsening of the situation in the province; she added. She also said FPCCI Balochistan is thankful to the investors who are willing to take steps for the development of Balochistan
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