Saturday, 10 October 2026, 01:54:33 pm


 
Maqpondass Special Economic Zone being established in GB with SIFC Support
October 10, 2026

The 'Maqpondass Special Economic Zone' is being established in Gilgit-Baltistan with the cooperation of Special Investment Facilitation Council.

Spread over two-hundred and fifty acres, the economic zone is being established under a public-private partnership framework.

The establishment of the 'Maqpondass Special Economic Zone' will create substantial investment and employment opportunities across agriculture, minerals, handicrafts, and wood products.

Leveraging Gilgit-Baltistan's rich natural potential and direct access to Chinese markets, the zone is expected to significantly boost investment and commercial activity.