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Economy and Resources
See also: Education in Gilgit–Baltistan
The economy of the region is primarily based on a traditional route of trade through the historic "Silk Road." The China Trade Organization was the leading economic forum through which most of barter trade activity made a phenomenal change in the general economic outlook of the area, which, being the remotest region under Pakistani control, was neglected for over a quarter of a century. That forum led the people of the area to actively invest and learn modern trade know-how from its Chinese neighbor Xinjiang. The participation of all ethnic groups and the active force behind this activity, the legendary economist of the area Ashraf Khan, brought a great change in the region. Later, the establishment of a chamber of commerce and the Sost dry port(in Gojal Hunza) are milestones. The rest of the economy is shouldered by mainly agriculture and tourism. Agricultural products are wheat, corn (maize), barley, and fruits. Tourism is mostly in trekking and mountaineering, and this industry is growing in importance.
In early September 2009, Pakistan signed an agreement with the People's Republic of China for a major energy project in Gilgit–Baltistan which includes the construction of a 7,000-megawatt dam at Bunji in the Astore District. Exiled activists of the region, Mumtaz Khan and Senge Hasnan Sering have since asked India to take a more proactive stance and save the region from exploitation.
See also: Education in Gilgit–Baltistan
The economy of the region is primarily based on a traditional route of trade through the historic "Silk Road." The China Trade Organization was the leading economic forum through which most of barter trade activity made a phenomenal change in the general economic outlook of the area, which, being the remotest region under Pakistani control, was neglected for over a quarter of a century. That forum led the people of the area to actively invest and learn modern trade know-how from its Chinese neighbor Xinjiang. The participation of all ethnic groups and the active force behind this activity, the legendary economist of the area Ashraf Khan, brought a great change in the region. Later, the establishment of a chamber of commerce and the Sost dry port(in Gojal Hunza) are milestones. The rest of the economy is shouldered by mainly agriculture and tourism. Agricultural products are wheat, corn (maize), barley, and fruits. Tourism is mostly in trekking and mountaineering, and this industry is growing in importance.
In early September 2009, Pakistan signed an agreement with the People's Republic of China for a major energy project in Gilgit–Baltistan which includes the construction of a 7,000-megawatt dam at Bunji in the Astore District. Exiled activists of the region, Mumtaz Khan and Senge Hasnan Sering have since asked India to take a more proactive stance and save the region from exploitation.
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