The United Nations Development Programme (UNDP) has signed a letter of agreement with Small and Medium Enterprises Development Authority ((SMEDA) Pakistan for the formation of Economic Cooperation and Development Forum (ECDF) in the newly merged districts of Khyber Pakhtunkhwa, said a press release issued here on Friday.
The overall objective of the forum is to facilitate collaboration and partnership between different institutions/organizations and to reflect on ways to enhance investment of private sector companies (businesses and financial institutions) into the tribal districts of KP.
It will comprise of 40 experts on economic development and private sector investment including representatives from the government, the business community, banks and micro-finance institutions, think-tanks, policy makers, academia as well as develop partners. The forum will provide a platform to explore avenues to facilitate private sector investment leading to sustainable economic growth in these areas.