KP govt seeks $120 million WB loan to develop tourism

Published April 7, 2019
It is expected that the project will be launched during the next fiscal year. ─ Dawn/File
It is expected that the project will be launched during the next fiscal year. ─ Dawn/File

ISLAMABAD: As part of Prime Minister Imran Khan’s reform agenda, the Khyber Pakhtunkhwa government has sought financing of $120 million from the World Bank to improve tourism-enabling infrastructure, enhance tourism assets and strengthen destination management for sustainable tourism development in the province.

A World Bank team is currently evaluating the project, and it is expected that after getting the loan from the WB’s soft loan window, International Development Association (IDA), the project will be launched during the next fiscal year. The bank is expected to approve next month the loan for the project estimated to cost $127 million.

Project will support activities to overcome infrastructure bottlenecks at popular tourist sites

In line with the reform agenda, the KP government has put economic revitalisation, job creation and tourism destination development at the centre of its development roadmap. To achieve these objectives, including through its Integrated Tourism Development Project (KITE), had approached WB through the federal government for assistance.

The proposed project will support activities to overcome infrastructure bottlenecks at popular sites in Kalam and Galyat; encourage higher tourist spending through the development of quality tourism products in Chitral while lifting visitors’ pressure off the valleys that host the indigenous people of Kalash; and equip authorities with the tools for visitors management and environmental preservation, including in Naran.

KP is Pakistan’s tourism treasure chest and is fast becoming a destination of choice for domestic tourists. It is well endowed with natural resources shaped by Hindukush and Himalayas mountains with stunning alpine landscapes, wildlife, lush forests and numerous glacial lakes.

It boasts historical and religiously significant sites covering over 2,000 years of Buddhist, Muslim and Christian histories. These include 6,000 sites of Gandhara heritage, some of which have been excavated and restored by the KP Directorate of Archaeology and Museums and are now accessible to visitors.

Published in Dawn, April 7th, 2019

Opinion

Editorial

Wheat price crash
Updated 20 May, 2024

Wheat price crash

What the government has done to Punjab’s smallholder wheat growers by staying out of the market amid crashing prices is deplorable.
Afghan corruption
20 May, 2024

Afghan corruption

AMONGST the reasons that the Afghan Taliban marched into Kabul in August 2021 without any resistance to speak of ...
Volleyball triumph
20 May, 2024

Volleyball triumph

IN the last week, while Pakistan’s cricket team savoured a come-from-behind T20 series victory against Ireland,...
Border clashes
19 May, 2024

Border clashes

THE Pakistan-Afghanistan frontier has witnessed another series of flare-ups, this time in the Kurram tribal district...
Penalising the dutiful
19 May, 2024

Penalising the dutiful

DOES the government feel no remorse in burdening honest citizens with the cost of its own ineptitude? With the ...
Students in Kyrgyzstan
Updated 19 May, 2024

Students in Kyrgyzstan

The govt ought to take a direct approach comprising convincing communication with the students and Kyrgyz authorities.