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Home / Business / KP Govt inks MoU with CREC for indentifying rail communication projects
KP Govt inks MoU with CREC for indentifying rail communication projects

KP Govt inks MoU with CREC for indentifying rail communication projects

PESHAWAR: Chief Minister Khyber Pakhtunkhwa, Pervez Khattak has said KPK province offers tremendous potential and avenues for investment but unfortunately no one has explored and exploited its resources.

He said that government has focused investment facilitation to get diversified advantages for the province. He was talking to a Chinese consulting Company at Chief Minister House here Friday. On the occasion a Memorandum of Understanding (MoU) was signed with China Railway Engineering Corporation (CREC).

KP Chief Minister said that government has initiated different schemes in different sectors to exploit potential advantages of province and make it a financially viable unit.  He recalled number of schemes in hydel power generation, industrialization of large, medium and small scale in the province and make the province an investment friendly area adding government was making agreements with both domestic and foreign investors.

Pervez Khattak reminded government’s efforts for bringing efficiency, dynamism and removing obstacles in process of investment facilitation in the province. He invited investors to benefit from attractions that KP province offers to potential investors.

He said that government has empowered institutions to work for their strengthening and carry out day today business with more freedom. He also talked about EZDMC, an independent body for investment facilitation in KP province.