ISLAMABAD: The Chinese government has declared Khyber Pakhtunkhwa (KP) ‘red zone’ for investment.
The decision is likely to have serious repercussions on investment in KP. The provincial government has shown concern and urged the federal government to request the Chinese government to change the decision.
It was revealed in a report issued by the KP Exploration and Production Investment Board director. The report said if the federal government did not play a vital role in this regard then it will have a negative impact on foreign investment on mining and mineral extraction in KP. The KP has decided to take stern measures for the protection of foreign investors. The provincial government would also frame laws in this regard.
