Gilgit-Baltistan Board of Investment & Trade Act, 2019 (Act No. VII of 2019).
Country
Type of law
Legislation
Abstract
The Gilgit-Baltistan Board of Investment & Trade Act, 2019 establishes the Board as the central authority for promoting and regulating investment in the region. The Board is empowered to review investment policies and laws, recommend amendments, and simplify procedures to create a more investor-friendly environment. It evaluates investment proposals, conducts sector studies, develops marketing strategies, and maintains a comprehensive database of investment projects involving local and foreign capital. The Board acts as a focal point for investor facilitation by providing one-window services, coordinating with government departments, and advocating investment opportunities through conferences, public relations, and global outreach. Additionally, it supports capacity-building efforts, negotiates investment protection agreements, and advises the government on incentives and reforms to stimulate sustainable economic growth in Gilgit-Baltistan. The text consists of 21 Articles.
Attached files
Long title of text
To provide for establishment of Gilgit-Baltistan Board of Investment and Trade in Gilgit-Baltistan.
Date of text
Repealed
No
Publication reference
The Gazette of Pakistan.
Source language
English
Legislation Amendment
No