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KP Governor announces to reopen 150 industrial units in Bara

byCustoms Today Report
26/07/2015
in Business
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PESHAWAR: Governor Sardar Mehtab Ahmad Khan, on the demand of local industrialists, has announced the reopening of larger industrial units in Bara, Khyber Agency.

The Governor announced the step during a meeting, which was attended by Senator Ilyas Bilour, Senator Mohsin Aziz, office-bearers of Federally Administered Tribal Areas and Khyber-Pakhtunkhwa Chamber of Commerce and Industries, high-ranking officials and leading industrialists.

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Mehtab Ahmad Khan said that the aim behind reviving 150 closed industrial units was to ensure commercial activity in the area, to provide employment opportunities to thousands, including the internally displaced persons (IDP) who have successfully been repatriated and to attract national and international investment.

He said that 280,000 people of 40,000 families had been repatriated and all those from Khyber Agency would be home by the end of August. He announced an amount of Rs1.5 billion for the reconstruction and provision of infrastructure in the tribal areas. Industrialists welcomed the idea but demanded the government open an economic zone in the area.

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