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The Chairman Securities Exchange Commission of Pakistan (SECP) Zafar Hijazi says the Commission would soon prepare a comprehensive plan for promotion of investment activities in Gilgit-Baltistan.

He said this while talking to a delegation from Karakoram Cooperative Bank Ltd. led by Minister for Planning and Development in Gilgit-Baltistan Iqbal Hassan.

The Chairman said Gilgit-Baltistan could play a vital role in the China-Pakistan Economic Corridor initiative and the SECP will take steps to facilitate the local businesses as well other entities that aspire to operate in GB.

Iqbal Hassan gave a brief overview of the KCBL. The delegation showed keen interest in mutual funds, investments opportunities in capital markets and leasing business. 

The delegation also sought the SECP’s support in expanding capital market outreach to the GB.


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