KP-EZDMC plans to de­velop 16 new eco­nomic zones

Pakistan Observer - - ECONOMY WATCH - STAFF RE­PORTER

PE­SHAWAR—Af­ter com­pletely sell­ing out 1424 acres of Hat­tar Eco­nomic, Zone Khy­ber Pakhtunkhwa Eco­nomic Zones De­vel­op­ment and Man­age­ment Com­pany (KPEZMDC) plans to de­velop 16 new eco­nomic zones through­out the prov­ince in next few years. Due to ex­cel­lent re­sponse from in­vestors KPEZDMC will launch Rashakai, Jalozai and Ghazi eco­nomic zones in next few months. Ap­pli­ca­tions for zones which have not yet been launched are be­ing re­ceived by KPEZDMC in­di­cat­ing in­vestor con­fi­dence. The KP In­dus­trial Pol­icy 2016, SEZ sta­tus of eco­nomic zones and one win­dow op­er­a­tions by KPEZDMC has greatly at­tracted in­dus­tri­al­ists across the coun­try to in­vest in KP.

In last one year no fac­tory has closed and re­ports of fac­to­ries be­ing shut due to ter­ror­ism or lack of govern­ment at­ten­tion are base­less. In a meet­ing held in Pe­shawar, State Bank Gover­nor in­structed CEOs of var­i­ous banks to rein­vest bil­lions of de­posits re­ceived in KP in the prov­ince. KPEZDMC will fa­cil­i­tate the in­dus­tri­al­ists in get­ting loans by banks for rapid in­dus­tri­al­iza­tion. Ex­pats are very en­thu­si­as­tic about de­vel­op­ments in KP. In this re­gard Chair­man KPEZMDC Ghu­lam Dasta­gir and CEO KPEZDMC Mohsin Syed vis­ited Riyadh.

KARACHI: Sindh Food Min­is­ter Syed Nasir Hus­sain Shah re­ceiv­ing shield from Khalid Tawab Se­nior Vice Pres­i­dent of FPCCI and Umar Ghauri Chair­man The Con­sumers Eye Pak­istan-TCP in 6th Con­sumer Prod­ucts & Ser­vices Qual­ity Con­fer­ence 2016.

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