Chinese construction company to invest huge amount in KP

24 Jan, 2017

Chief Executive Officer (CEO), Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC), Mohsin Syed has said that the largest China National Estate Construction Company has shown interest in investment of US$115 billion in Khyber Pakhtunkhwa.
This, he told during a briefing to Provincial Minister for Law and Parliamentary Affairs, Imtiaz Shahid Qureshi here on Monday. During the meeting, the CEO KPEZDMC, the minister in detailed regarding Industrial Estate Kohat. He told the minister that in next few days, the company will sign an agreement with Frontier Works Organisation (FWO) regarding the construction of Kohat Industrial Estate and Airport. The industrial estate, he said will be established on an area of 1000 acres land. He said that Gilgit-Chitral and Chakdara Road and train track will also be constructed. A company will construct a railway track from D.I. Khan to Kohat, while another company will lay railway track from Mardan to Saidu Sharif.

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