LAHORE- Gilgit-Baltistan has huge investment opportunities in Agriculture and Medicinal Herbs as the area is not only gateway to China and Central Asian States but also has a well-established infrastructure. This was the crux of the presentations given at Gilgit-Baltistan Investment conference held at the LCCI on Tuesday. Indonesian Ambassador Isak Latuconsina, LCCI President Zafar Iqbal Chaudhry, Advisor to Governor Gilgit-Baltistan Mian Shafqat Ali, LCCI former President Mian Anjum Nisar also spoke on the occasion. Because of ideally suited climate and abundant water resources both the sectors have marvelous chances for vertical and horizontal expansion but unfortunately the sectors could not be developed to the desire levels for want of due participation of the private sector, said Kifayatullah Khan, Chief Drugs Inspector Gilgit-Baltistan and Javaid Akhtar of Gilgit-Baltistan Agriculture Dept. Availability of trained contract farmers, well established tissue culture laboratories, storage and certification facilities make it convenient for the business community to put their money in these sectors. Gilgit-Baltistan Horticulture Policy also ensures a number of incentives to the private sector by reducing regulatory barriers. Soft loans are also available to the businessmen for the development of modern horticulture business enterprises while expansion of Karakorum Highway and opening up of Babusar-Naraan Road are the added advantages. Speaking on the occasion, Indonesian Ambassador Isak Latuconsina said that there was no doubt in it that Pakistans private sector had the ability to write new success stories and the LCCI initiative would definitely go a long way in bringing Gilgit-Baltistan at par with other developed parts of the countries. The Ambassador said that Indonesia was ready to extend maximum cooperation to Gilgit-Baltistan government in its efforts aimed at bringing progress and prosperity in the area. The Ambassador said that the Indonesian government was ready to help Gilgit-Baltistan government in exploration of coal and mining. The Indonesia has the expertise in these areas and the sharing of technical skills could create a win-win situation. The LCCI President Zafar Iqbal Chaudhry said that Agriculture was one of the potential areas for investment in the shape of production, preservation and marketing of quality fruits and vegetable seeds. He said that the very objective of arranging Gilgit-Baltistan Investment Week at the Lahore Chamber of Commerce and Industry was to bring the area in the mainstream of the business activities because no government in the pas paid any attention towards tapping the potentials of this part of the country. The LCCI President said that the LCCI had decided to expand cooperation with the Gilgit-Baltistan government in the larger interests of the economy. He said that in a number of sectors, Gilgit-Baltistan had no match in the world and only because of little value-addition facilities these sectors could not grow. Speaking on the occasion, the Advisor to Governor Gilgit-Baltistan Mian Shafqat Ali said that that Organic Farming has a very huge potential for the investment because of the availability of a very hardworking human resource. He said that the sectors like hydro energy, dry food, and precious stones are the actual treasure, which if thoroughly tapped, will change the fate of this region. He said that the LCCI was going to a sign a number of Memorandum of Understandings with the government of Gilgit-Baltistan that would pave way for future investment in that area.