PESHAWAR: Federal government has approved Rs 2.5 billion to establish a state-of-art expo centre in city.
This was informed at the meeting of Executive Members of KPCCI at Nathia Gali on Monday.
The meeting was also attended by leader Businessmen Forum, Senator Ilyas Bilour, Senior Vice President KPCCI, Engr Maqsood Ahmad, Vice President, Haji Iqbal Khan Afridi, former Presidents of KPCCI and members.
The federal government, while approving setting up of Expo Center in Peshawar, has earmarked an amount of Rs. 500 million in Public Sector Development Programme.
President KPCCI requested the federal government to forthwith start work over construction of Expo Centre which, he hoped, will improve export from Pakistan to Afghanistan and Central Asian Countries besides enhancing commercial activities in Khyber Pakhtunkhwa.
Faud Ishaq thanked the Prime Minister, Federal Minister for Commerce, Khurram and Federal Secretary Commerce, for approving funds for construction of Expo center in Peshawar.
Establishment of Expo Centre will provide an opportunity to exporters’ community to show case the products of Khyber Pakhtunkhwa to business community of neighbouring countries and will create job opportunities for the unemployed people of the region.
Speaking on the occasion, Senator Ilyas Bilour thanked the federal government for announcing a number of incentives for Khyber Pakhtunkhwa in the annual budget.
He also welcomed decision about setting up of Expo Center in KP and said President KPCCI deserved appreciation for his hard work in this regard.
Earlier, Senior Vice President of KPCCI, Engr Maqsood Ahmad presented chamber’s annual budget for the fiscal year 2015-16 which was approved unanimously by the Executive Members.
