Beta Version.
Home About AJ&K About Government Citizens Corner Community Services Careers & Jobs Contact
Busines & Investment Opportunities You are here: Home Busines & Investment Opportunities
Contact Department
Back to top
Phone: 058220-45915
Fax: 058220-45915
Email:
Industrial Sector
At the time of independence in 1947, the economy of Azad Jammu & Kashmir was on
subsistence level. It was early 70s, when economic development of the area started.
Despite nancial constraints, eorts were made in developing infrastructure for the
rapid development of the area. The State of Azad Jammu & Kashmir by virtue of its
topography, meteorology, hydrology and administrative set up provides adequate
opportunities of investment in various sectors. The Govt. of Azad Jammu and Kashmir is
encouraging investment in the following sectors.
Mineral Sector
Azad Kashmir Mineral & Industrial Development Corporation (AKMIDC), a state
enterprise of the Govt of AJ&K, was established in 1971 under Act XVII. The Corporation
soon after its creation started mineral exploration & evaluation activities in the state
which are continued till now. The geological environment of AJK is comprised of three
types of rocks, i.e. Sedimentary, Igneous and Metamorphic. The type of mineral deposits
found are; Industrial Minerals, Gemstones, precious Metals and Base Metals. The
Industrial minerals and base metals are found in all the three rock type and thus spread
http://www.ajk.gov.pk/bio.php 1/2
4/11/2017 AJ&KPortal
in the whole of the AJK territory, whereas gemstones are conned to metamorphic
terrain and thus occur in the upper parts of Neelum Valley.
The most economically promising mineral deposits are ruby, graphite, bentonite,
granites & cement materials and AKMIDC prepared comprehensive studies of
these deposits. The worth of proven mineral deposits is more than Rs. 70 million.
Handicrafts Sector
The tradition of Kashmiri crafts can be traced back from the era of pre-recorded history.
It has maintained itself and ourished despite the rise & fall of various civilizations. The
craft tradition got major boost in the 14th century, when Mir Syed Ali Hamdani visited
Kashmir along with several hundred craftsmen, Artisans and experts. This event
revolutionized the religious life of Kashmiris and also infused the ideas of productive
economy in Kashmir. These Arts and crafts received the state patron-ship during the era
of Zain-ul-Abidin. Till the recent time, in AJK development and promotion of Kashmir
handicrafts has been of the major endeavors of the government, with a view to promote
productivity of the crafts sector, employment generation and diversication of markets.
Back to top
Incentives
Kashmir is paradise on earth, the land is full of Address: AJK Information Technology
Board, Block C, District Complex,
natural beauty, high mountains, lush green
Old Secretariat Muzaarabad AJ&K.
valleys, lakes, rivers, ancient forts,temples and
many more worth seeing places. Phone: +92 5822 920176
Email: info@ajk.gov.pk
Visitors Count: 2431533
Copyright 2016 by Govt. AJ&K. All Rights Reserved. FAQ's Sitemap Contact
http://www.ajk.gov.pk/bio.php 2/2