AJK PM invites entrepreneurs to invest in tourism, industrial sectors

ISLAMABAD: Azad Jammu and Kashmir (AJK) Prime Minister, Anwar u lHaq has invited existing and intending entrepreneurs for investments in tourism and industrial sectors of the state to explore opportunities.

He was talking to a delegation of eminent world-famous hoteliers the Hasho Group which called on him in the federal metropolis led by Deputy Chairman and CEO Hashu Group MurtazaHashwani. During the meeting, Hashwani expressed his willingness to invest more in AJK.

Speaking on the occasion, the prime minister while referring huge investment opportunities in the liberated territory told the visiting delegation that there were vast opportunities for investment in tourism, hydropower generation, and other sectors in Azad Kashmir.

He said that the agreement signed between TEVTA and Hashu Group would be instrumental in creating employment opportunities for youth.The AJK PM expressed optimism that the memorandum of understanding (MoU) between Hasho Group and the government would also encourage investment in education, tourism, and other sectors in the state.

He said that the government was also ensuring the provision of interest-free loans to the youth. He further said that providing interest-free loans to skilled people would help control growing unemployment in the region.

On this occasion, Senior Minister Col. (retd) Waqar Ahmed Noor, Minister for TEVTA Sardar Amir Altaf, Chief Secretary Dawood Muhammad Barich, Secretary Higher Education, and other officials were also present.

Meanwhile, in a significant move to catalyze the socio-economic growth of Azad Jam­mu and Kashmir (AJK), Hashoo Group, in collaboration with the AJK govern­ment, has announced a new partner­ship aimed at advancing the region’s educational, hospitality, tourism, and community development sectors.

The memorandum of understanding (MoU), symbolizing a shared commit­ment towards the prosperity of AJK, was formalized in a ceremony at the Kashmir House, Islamabad, earlier this week with dignitaries from the AJK government and Hashoo Group’s senior leadership in attendance.

This memorandum of understand­ing (MoU) was signed by Haseeb A. Gardezi, Chief Operating Officer of the Hospitality and Education Division, Hashoo Group, and Dawood Muham­mad, Chief Secretary, AJK. The collab­oration aims to enhance AJK’s tourism and hospitality sectors through the educational and economic empower­ment initiatives of Hashoo School of Hospitality Management and Hashoo Foundation, which offer specialized training to empower the local work­force and stimulate economic devel­opment.

The multi-faceted partner­ship encompasses several key aspects to boost AJK’s development across various sectors and promote sustain­able growth. There will be a focus on areas like education and the econom­ic upliftment of marginalized commu­nities and women, aligning with the UN Sustainable Development Goals to improve residents’ overall well-being.