KP to hand over industrial estates to private sector

Published July 12, 2013
Chief Minister Pervez Khattak. — File Photo
Chief Minister Pervez Khattak. — File Photo

PESHAWAR, July 11: The Khyber Pakhtunkhwa government has decided to hand over all the industrial estates to the private sector and provide them cheep electricity to revive sick industrial units in the province.

Talking to a delegation of local industrialists here on Thursday, Chief Minister Pervez Khattak said that necessary instructions and guidelines had been issued to the quarters concerned to implement the decision of handing over all the industrial estates to the private sector so that

the closed and sick industrial units in the province could be revived.

The chief minister discussed with the delegation various matters related to the revival and development of industrial sector and problems faced by industrialists in the province.

The delegation was led by chief executive of Frontier Steels Noman Wazir. Other members of the delegation included Riaz Arshad, Haji Afzal, Umar Zakori, Malik Niaz, Zahid Shinwari, Mohammad Tahir, Imtiaz Ahmed, Naeem Shahzad and others. High ranking officials of the industry and other departments were also present on the occasion, said a handout.

The chief minister said that by handing over industrial estate to private sector industrial and economic activities could be enhanced to create employment opportunities in the terrorism-hit province.

He said that the provincial government was introducing basic reforms in all the sectors. He added that working groups comprising experts and professionals of both the private and public sectors were constituted in all the departments to implement the reform agenda of the provincial government.

Mr Khattak said that the provincial government would fully support the decision of closing markets and business centres after dusk if other provinces agreed to it to save electricity and minimise power loadshedding in the country.

On the occasion, various matters related to Drug Regularity Authority, Sarhad Development Authority and Small Industries Development Board came under discussion and the chief minister issued directives to the quarters concerned to this effect.

The chief minister assured the delegation that the provincial government would resolve the problems faced by the industrialists on priority basis and provide all required facilities to them.

Opinion

Editorial

IMF’s projections
Updated 18 Apr, 2024

IMF’s projections

The problems are well-known and the country is aware of what is needed to stabilise the economy; the challenge is follow-through and implementation.
Hepatitis crisis
18 Apr, 2024

Hepatitis crisis

THE sheer scale of the crisis is staggering. A new WHO report flags Pakistan as the country with the highest number...
Never-ending suffering
18 Apr, 2024

Never-ending suffering

OVER the weekend, the world witnessed an intense spectacle when Iran launched its drone-and-missile barrage against...
Saudi FM’s visit
Updated 17 Apr, 2024

Saudi FM’s visit

The government of Shehbaz Sharif will have to manage a delicate balancing act with Pakistan’s traditional Saudi allies and its Iranian neighbours.
Dharna inquiry
17 Apr, 2024

Dharna inquiry

THE Supreme Court-sanctioned inquiry into the infamous Faizabad dharna of 2017 has turned out to be a damp squib. A...
Future energy
17 Apr, 2024

Future energy

PRIME MINISTER Shehbaz Sharif’s recent directive to the energy sector to curtail Pakistan’s staggering $27bn oil...