KP CM directs SIDB merger into KPEZDMC

09 Feb, 2017

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has directed for the merger of Small Industries Development Board (SIDB) in Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC), extension of electricity to Hayatabad Industrial Estate to be produced from the natural Gas and the involvement of Board of Directors in the working group for the CPEC related projects. This he directed while presiding over the 11th Board of Directors meeting of the EZDMC here at Chief Minister Secretariat.
Addressing the meeting the Chief Minister said that the western rules stood part of the CPEC and was reflected in the previous JCC meeting of the CPEC. We had no objection to any route of the CPEC but certainly we had a principle stand that the rights of the backwards areas should be protected and a road should pass through these areas under CPEC.
Pervez Khattak said his government succeeded to make 7 Mega Projects part of the CPEC and some other projects would be negotiated in the next meeting of the JCC. He assured that projects that might not become part of the CPEC would be marketed in the Beijing Road-Show towards the end of March. Working groups in all public sector institutions were working on these lines. The Chinese Government had already agreed to invest in multiple projects with Billions of US Dollar. The investment would come through the top Chinese Company, he added. He directed to gear up activities in order to get maximum investment attracted to the projects. The Role of EZDMC was of importance.
The Chief Minister said he had suggested to the Chinese companies to collaborate with the Pakistani investors. He directed to work out how to involve the Pakistani investors in our projects directing for the formation of committee of EZDMC Board of Directors to plan commercialization at the spare property in different Industrial Estates and this should be reported to him in the next meeting of the Board of Directors of EZDMC.
Pervez Khattak highlighted the role of teamwork adding that different departments should interact with each other, distribute their works as the next few months were of prime importance to the province.

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