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Saturday November 02, 2024

Gemstone industry: CS directs officials to facilitate investors

By Bureau report
October 05, 2024
Chief Secretary, Khyber Pakhtunkhwa, Nadeem Aslam Chaudhry speaking at a meeting on the development of the gemstone business and sports promotion on Oct 4, 2024. — Facebook/@CSKPOfficial
Chief Secretary, Khyber Pakhtunkhwa, Nadeem Aslam Chaudhry speaking at a meeting on the development of the gemstone business and sports promotion on Oct 4, 2024. — Facebook/@CSKPOfficial

PESHAWAR: Chief Secretary, Khyber Pakhtunkhwa, Nadeem Aslam Chaudhry on Friday directed the authorities concerned to facilitate investors, entrepreneurs, and businessmen engaged in the gemstone industry.

He was speaking at a meeting on the development of the gemstone business and sports promotion in Khyber Pakhtunkhwa. Representatives of the business community and key officials attended the meeting.

The chief secretary said that there was immense untapped potential of the gemstone sector in the province. “Khyber Pakhtunkhwa holds a wealth of precious gemstones that, if fully capitalized, can significantly contribute to the province’s economic growth and create new opportunities for local and international investors,” he added.

The chief secretary emphasised that the government was committed to creating a conducive environment that encourages private sector investment, ensuring ease of business processes, and providing the necessary infrastructure for the gemstone trade to flourish. He directed the authorities to expedite measures that simplify and streamline procedures, attracting more stakeholders into the industry and contributing to the prosperity of the region.

In addition to discussions on the gemstone business, the meeting also deliberated on strategies to promote sports activities in Khyber Pakhtunkhwa. The chief secretary underscored the province’s reputation for producing athletes of international caliber and stressed the importance of creating a professional environment where sponsorship and private investments drive sports development.

“Thanks to significant improvements in sports facilities and playgrounds, Khyber Pakhtunkhwa is now ready to host national and international sporting events, which will not only elevate the profile of our athletes but also boost the province’s image,” he added.