ISLAMABAD: Emphasising the need for investment to unlock the immense hydropower potential, the Gilgit-Baltistan government has asked the World Bank to provide support and technical assistance to it in developing business and investment opportunities and facilitating partnership with the private sector.
Following in-depth consultations between Gilgit-Baltistan government and the World Bank spanning over five months, a consultation report has been prepared by the latter that speaks of the challenges the former is facing in harnessing the potential that exists in the region.
In view of its geo-strategic location, Gilgit-Baltistan has potential connectivity and trade with China and Central Asia.
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