KP to pursue Chinese investment for circular train in Peshawar

05 Jul, 2016

A meeting was held here with Chief Minister Pervez Khattak which decided to pursue the Chinese investment for circular train in Peshawar and establishment of KP Insurance Company and KP Holding Company.
The purpose of the meeting was to review special initiative and fast track execution of projects especially economic zones, industrialisation, infrastructure, development, social sector.
The meeting was held in the CM Secretariat on Monday. Senator Mohsin Aziz, Ghulam Dastagir Khan, Chairman KP EZDMC Special Economic Zone, Mohsin M Syed Chief Executive KP EZDMC, Chief Secretary Amjad Ali Khan, administrative secretaries and other officials concerned attended the meeting.
KP Chief Minister Pervez Khattak has said that his government has the capacity to lead the province towards sustained economic growth.
This province has surplus natural gas that is being planned for diversion to power generation as his government wanted to make KP economically viable unit of the federation where there are multi-faceted avenues of employment, growth, industrialisation and economic development.
The CM said that we have a lot of avenues for hydel power generation and at the same time we have extra natural gas which his government decided to divert to industrial sector to boost industrialisation in the province.
Initially his government identified Karak, Kohat and Rashkai for industrialisation and the natural gas would be used for the purpose. We will generate power from natural gas to run industrial units in the province.
He said that we are quick learner of our past interaction with WAPDA and therefore we rationalised our approach to reduce dependence on WAPDA because WAPDA is reluctant to give us our share of electricity. He asked the concern officials to invite bidding for the purpose. Commenting on industrialisation process in the province he said that there will be a one window operation that will track the province on fast track progress and economic development. Rest assured we have the capacity to lead the province towards sustain economic growth.
The chief minister directed the participants to pull their sleeves and show results as he hates efforts that do not give results for the public welfare. He has been working on this project for the last three years and now he wanted this to be on ground.
He expressed the hoped that the public servants would use their best efforts and put on ground the planned execution of project that were people friendly and that will benefit the whole province.
The CM said that the interest of the province should be kept supreme and it should be visible for the fast track development of the province. We have already identified direction of development of the province and we have to work on it to get it accomplished.

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