Investment Information

 
    • The Government of Azad Jammu and Kashmir is encouraging investment in following areas / sectors:
    • i. Small & Cottage Industries
    • ii. Medium and large Industries
    • iii. Mineral and Forest based Industries
    • iv. Hydel Projects
    • v. Tourism Potential¬†
    • Commercial viability of proposed industrial units depend on their location. Owing to close proximity to the market of Pakistan, districts Mirpur and Bhimber are most suitable locations for establishment of Medium and large scale industries. However, some opportunities for cottage / small & medium Industries are also available in Northern areas (Poonch & Muzaffarabad) of AJ&K in addition to investment in Mineral, Hydel, Tourism and Housing Sectors of AJ&K.
    • To accelerate the pace of development through industrialization, the Department of Industries GoAJ&K has established six Industrial Estates in various districts of Azad Jammu and Kashmir providing basic infrastructure like roads, water supply, sewerage system, telephone and electricity etc. whereas, new industrial estates at Dudyal District Mirpur including Special Economic Zones in Mirpur and Muzaffarabad are also in progress.
    • INDUSTRIAL ESTATES¬† AREA (KANALS) PRICE/KANAL (RS.)
      SMALL INDUSTRIAL ESTATE
      MIRPUR
      869 230
      NEW INDUSTRIAL AREA MIRPUR 6196 277
      SMALL INDUSTRIAL ESTATE
      BHIMBER
      360 118
      MINI INDUSTRIAL ESTATE KOTLI 94 60
      MINI INDUSTRIAL ESTATE
      RAWALAKOT
      128 57
      MINI INDUSTRIAL ESTATE
      MUZAFFARABAD
      103 56
      MINI INDUSTRIAL ESTATE
      DUDYAL
      400 22
    • Exemption of industrial products from payment of sales tax for a period of five yeard
    • Conducive environment for investors including foreigners in free snd fair atmosphere under protection of economic reforms act 1992
    • Free transaction of principal amount and profits without prior permission of the Government for foreign investors
    • Exemption of octroi and local taxes for 5 years from the date of production
    • Industrial plots are being alloted for 99 years on lease bases in the Industrial Estates at nominal rates and easy installments
    • Providion of loan facilities in local as well as foreign exchange from the national banks, financial institutions &loan giving agencies for industries being setup in AJ&K
    • Provision of Sui Gas to Industrial Estates is in process
    • A.25 percent down payment and remaining 75 percent to be paid in 10 equal annual installments in New Industrial Area Mirpur
    • B.20 percent down payment and remaining 80 percent to be paid in 20 equal annual installments after availing 3 years grace period for all other Industrial Estates
    • All schedule banks working in Pakistan are also available in AJ&K to provide financial incentives to the invester in AJ&K.
    • Bank of AJ&K is also providing special assistsnce to investers in AJ&K
    • Overseas Kashmiris facilitation cell working under direct supervision of Chief Secretary GoAJ&K.
    • Industrial Development Board headed by Chief Secretary GoAJ&K
    • Allotment Committee for Industrial Plots headed by Minister of Industries GoAJ&K
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