CM KP stresses for setting up small industrial units

Special Correspondent

PESHAWAR: Chief Minister Khyber Pakhtunkhwa Mahmood Khan, while stressing the need of setting up small industrial units in those areas of the province where the provincial government has established hydro power stations for easy supply of electricity  to these industrial units, has said that the provincial government, through wheeling system will provide electricity generated of its own resources to the local industries on subsidized rates to encourage and attract private sector investors with the aim to generate maximum employment opportunities to the people of the province. He has directed the concerned quarters to launch digital system of paperless service delivery to the investors under One Window Operation of Khyber Pakhtunkhwa Board of Investment & Trade (KPBOIT) further directing all the relevant departments to ensure the timely completion of their responsibilities in this regard. The proposed digital system will provide all the private investment related services of various departments to the investors under one window operation.

The Chief Minister was chairing 7th Board meeting of KPBOIT here on Friday. Besides Special Assistant to CM on Local Government, Kamran Bangash, the meeting was attended by Administrative Secretaries of Finance and Industries departments, Chief Executive Officer, KPBOIT, other relevant authorities and private sector members of KPBOIT including M.Sabir Sethi, Yousaf Ayub, Aziz Ahmad, Aziz Ahmad, Sikandar Kulli Khan, Iftikhar Ahmad, Taimur Khan, Aijaz Yousaf, Shahid Khan, Imran Ishaq, Fakhar Alam, Sheraz Ahmad, and Adur Rehman Abid.

The meeting was briefed in detail about overall performance of KPBOIT, progress on the implementation of the decisions taken in the last meeting of the board, formulation of new regulations and policies, ongoing projects, future course of action and other important issues of KPBOIT. The meeting approved new Regulations, Organogram, five year strategy and Action Plan of KPBOIT. The forum also approved the draft of revised Industrial Policy of the Board which will be presented to the provincial cabinet for final approval.  The meeting also approved extension in the contract of the board employees, and hiring of some of the essential staff including Director Finance, Manager Special Economic Zones.