PROVINCE REPORT
PESHAWAR: Advisor to Chief Minister Khyber pakhtunkhwa on industries Mr. Hamayun khan said that “KPEZDMC has established itself as a forward-looking institution,” he said. That “he is confident that it will continue to attract investment, create employment, and accelerate industrial growth across the province.”
This he said during his inaugural visit to Khyber Pakhtunkhwa Economic Zones Development & Management Company (KPEZDMC) head office this week. The advisor met with Board and senior leadership of the company.
The visit is being seen within the organization as an early vote of confidence from the Advisor, and a sign that KPEZDMC’s work is registering at the right levels of government. The advisor were briefed about the function, operations and regulation of the company.
During the briefing it is told that
Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC) is a Section 42 company established by the Government of Khyber Pakhtunkhwa to develop, manage and promote economic zones and special economic zones across the province, facilitating industrialization, investment and sustainable economic growth throughout the province.
During the briefing, it was told that, in recent past KPEZDMC signed a land acquisition agreement with PepsiCo International at the Hattar Economic Zone, unlocking an investment of approximately Rs.700 million and securing the expansion of one of only eight PepsiCo concentrate plants worldwide. The deal drew significant attention as a signal of growing investor confidence in the province. That “Khyber Pakhtunkhwa is open for business, and agreements like this prove it,” CEO Shahryar Gul had said at the time. “When a global brand of PepsiCo’s scale chooses to locate a facility here, one of only eight worldwide, it reinforces the province’s investment potential.”
Advisor Hamayun Khan during his visit, examined different departments and met with Board members, left with an encouraging message for the investors that the Province of Khyber Pakhtunkhwa is open for all the investors and the KP Government will facilitate all the investors in its true spirit.
