PowerChina Announces $100 Million Investment in Gilgit-Baltistan Mining Sector
Gilgit, 24 April 2026(Kamran Raja): In a significant boost to regional economic prospects, Power Construction Corporation of China (PowerChina) has announced an initial investment of $100 million in the mining sector of Gilgit-Baltistan, aiming to tap into the region’s vast mineral resources.The development marks a major step toward unlocking the area’s economic potential and is being widely linked to the facilitative efforts of Raja Asif Yaqoob, a prominent figure in Pakistan’s private mining industry known for promoting foreign investment. His engagement played a pivotal role in connecting international stakeholders with opportunities in the region.The announcement came during a high-level meeting attended by senior officials of the Gilgit-Baltistan government, including the Mini...









