Pak PM urges Balochistan people to ensure security of ‘friendly’ foreign investors

Pak PM urges Balochistan people to ensure security of ‘friendly’ foreign investors Balochistan is a mineral-rich and volatile region of Pakistan where a low-level insurgency has been going on for years. Highlights Pak PM urged people of Gwadar to ensure security of “friendly” foreign investors PM Shehbaz visited the key area for the second time since coming to power in April China has invested billions of dollars in multiple development projects in the region Prime Minister Shehbaz Sharif has urged the people of Gwadar in Pakistan's restive Balochistan to ensure security of “friendly” foreign investors, including from China, who are making huge investments for the development of the impoverished but resource-rich province. The ambitious China-Pakistan Economic Corridor, which connects Gwadar Port in Pakistan's Balochistan with China's Xinjiang province, is the flagship project of China's ambitious multi-billion-dollar Belt and Road Initiative. The prime minister said that during his visit to Beijing, China’s premier Li Keqiang had assured him of financial help and cooperation and an agreement was signed the other day under which China would provide USD 2.3 billion in soft loan to Pakistan, while Saudi Arabia and the UAE also extended help.