Developing Hotles in GB

Gilgit baltistan is undergoing a rapid increase in the number of hotels and facilities for tourism.

Vice-Chairman, Gilgit-Baltistan Board of Investment According to Raja Nazeem-ul-Ameen, five-star hotel building would soon begin in Gilgit-Baltistan’s picturesque locations in an effort to draw more local and foreign tourists, especially Chinese ones.

Recently, the Chinese Embassy in Islamabad sent commercial and political attachés to Hunza to inspect the present tourism facilities for Chinese visitors.He stated in an interview with APP that they indicated a need for further infrastructural upgrades and the construction of world-class hotels.

He claimed that the Serena and Hashoo groups’ management had been approached by the local government, inviting them to build five-star hotels for international visitors, especially Chinese ones.Raja Nazeem expressed optimism that the first of these hotels will help draw in more tourists and anticipated that building would begin early in the upcoming year.

Declaring tourism to be the biggest business in Great Britain, he said that the threat of terrorism had destroyed this significant sector, leaving many people without jobs. However, he said that over the previous three years, almost 1.5 million visitors from both domestic and foreign countries visited Gilgit-Baltistan as a result of improvements in the security situation.

More than 22,000 international visitors visited various parts of Gilgit-Baltistan this year, the Vice-Chairman reported, which was important for the region’s growth. The GB has submitted a proposal for the building of two power projects with a capacity of 100 MW and 80 MW each to be developed under the private partnership, according to Raja Nazeem, who attended the 8th Joint Coordination Committee (JCC) of the China-Pakistan Economic Corridor (CPEC) held here last week.

“We have also suggested building a road connecting Gilgit-Ghyzer-Chitral, Shandur, and Chakdra,” the statement said, adding that the payment method will be covered in the upcoming Joint Working Group conference, which is set to take place in Islamabad in January.

He said, “We are trying to convince the private sector to come forward and participate in the construction of these projects.” A feasibility analysis indicated that the GB has the potential to produce about 53,000 MW of hydroelectric power at a reasonable cost. According to him, this enormous potential might assist the province government in saving foreign cash, creating jobs for locals, and exporting power in the future.

According to Raja Nazeem, Chinese enterprises are under pressure to build hydroelectric power plants with a maximum capacity of 5,000 MW over the next three years.Regarding the potential of minerals, he stated that the province government was concentrating on utilizing the mining potential to create jobs and earn valuable foreign cash.

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