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Rapid Bus Service to be introduced in Peshawar soon

Khyber Paktunkhwa government has planned to introduce a "Rapid Bus Service" in the provincial metropolis. "KP government has been working on a plan to introduce a new transport culture in the provincial metropolis to provide economical transport facility to people. The project needs an approximately Rs two billion for its execution," said Vice Chairman of Khyber Paktunkhwa Board of Investment and Trade (KP-BOIT), Mohsin Aziz while briefing a group of media persons regarding three-month initiatives of the board for attracting investment in the province.

Preliminary, he said the Rapid Bus service would be started from Peshawar Cantt to Nasirpur, district Pabbi, for which a 40-feet wide road would be constructed alongside railway track, by removing encroachment. He further explained that a separate road would also be constructed for only ambulance service. He said the service would later expand to Hayatabad and up to Khyber, adding the project of Peshawar Mass Transit System was also in the pipeline.

During last three months, he said the board had worked on conceiving of the projects in hydel power generation, tourism, transport, solar energy and other potential areas. He, however, said the better facilitation and incentive would make the job easier and to convince the local and foreign companies for making investment there. KP-BOIT members, Ghulam Sarwar Mohmand, Mohammad Ishaq, Iqbal Rehman Swati, and Subhani Zia also present during the press briefing.

In tourism sector, Aziz said more than seven projects had been identified so far, adding that the government was working on establishment of hotels in Galyat, while steps were being also taken for establishing Adventure Parks for children and youth, reviving skiing resort at Malam Jabba Swat, historical picnic park Bata Kundi Mansehra. He said the establishment of hotel resorts in Galyat would encourage the private sector to promote other touristic activities including chair lifts, horse riding, cycling, ball rolling, walking tracks etc. Similarly, he added the chairlifts would be constructed from Naran-Saiful Mulk and Mashkori-Shogaran.

Copyright Business Recorder, 2014



 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
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WeeklyJuly 10, 2014
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