AIRLINK 74.40 Decreased By ▼ -0.76 (-1.01%)
BOP 5.40 Decreased By ▼ -0.05 (-0.92%)
CNERGY 4.36 Decreased By ▼ -0.03 (-0.68%)
DFML 29.20 Increased By ▲ 1.56 (5.64%)
DGKC 77.14 Increased By ▲ 5.14 (7.14%)
FCCL 20.88 Increased By ▲ 0.59 (2.91%)
FFBL 30.85 Decreased By ▼ -0.20 (-0.64%)
FFL 10.17 Increased By ▲ 0.20 (2.01%)
GGL 10.65 Increased By ▲ 0.38 (3.7%)
HBL 114.60 Decreased By ▼ -0.40 (-0.35%)
HUBC 131.10 Decreased By ▼ -0.35 (-0.27%)
HUMNL 6.80 Decreased By ▼ -0.07 (-1.02%)
KEL 4.09 Decreased By ▼ -0.11 (-2.62%)
KOSM 4.75 Decreased By ▼ -0.02 (-0.42%)
MLCF 39.78 Increased By ▲ 2.70 (7.28%)
OGDC 134.76 Decreased By ▼ -0.69 (-0.51%)
PAEL 24.54 Increased By ▲ 1.14 (4.87%)
PIAA 27.65 Increased By ▲ 0.34 (1.24%)
PIBTL 6.72 Increased By ▲ 0.12 (1.82%)
PPL 113.76 Increased By ▲ 0.60 (0.53%)
PRL 28.76 Increased By ▲ 0.01 (0.03%)
PTC 15.29 Decreased By ▼ -0.21 (-1.35%)
SEARL 57.46 Increased By ▲ 0.13 (0.23%)
SNGP 66.75 Decreased By ▼ -0.24 (-0.36%)
SSGC 11.14 Decreased By ▼ -0.03 (-0.27%)
TELE 9.20 Increased By ▲ 0.06 (0.66%)
TPLP 12.10 Increased By ▲ 0.05 (0.41%)
TRG 70.46 Increased By ▲ 0.07 (0.1%)
UNITY 23.95 Increased By ▲ 0.30 (1.27%)
WTL 1.33 Decreased By ▼ -0.01 (-0.75%)
BR100 7,474 Increased By 19.3 (0.26%)
BR30 24,366 Increased By 116.5 (0.48%)
KSE100 71,627 Increased By 194 (0.27%)
KSE30 23,625 Increased By 58.8 (0.25%)
Pakistan

KP govt selects site for Salt, Gypsum city in Karak district

  • He said that Salt and Gypsum City in the Karak district would facilitate the mine owners of the district with world-class infrastructure and utilities to set up their industries.
Published December 15, 2020

PESHAWAR: Khyber Pakhtunkhwa government has identified land for establishing a salt and gypsum city in Karak district to fully utilize these precious resources for achieving socioeconomic development by creating over 25000 job opportunities.

Khyber Pakhtunkhwa Economic Zone Development and Management Company (KPEZDMC) has been tasked to accomplish this ambitious initiative which will end sporadic production and ensure a constant supply of gypsum and salt to the market.

A team headed by the company’s CEO Javed Khattak has selected a site on main old Bannu Road, Banda Daud Shah Tehsil during a recent visit to Karak for the proposed project after inspection of several other pieces of land at various areas in the district.

The company’s CEO told APP on Tuesday that the land stretching over 200 acres had been selected for the salt and gypsum city which would bring the large but scattered resources of salt and gypsum for processing units within the same boundary wall.

In this regard, he said the company had sent a letter to the deputy commissioner Karak to impose section 4 for acquisition of the proposed site.

He said Pakistan was endowed with myriad reserves of minerals, much of which was concentrated in Khyber Pakhtunkhwa.

He said that KP, especially Kohat Division, was rich in an exceptional amount of natural resources, including large reserves of mineral salt and gypsum, accumulated mainly in the Kohat Division.

He said that KP had 92 percent share in the country’s total gypsum reserves and out of it Kohat division contributed 89 percent high-quality gypsum.

While Salt deposits of 98 percent purity occur at the Jatta Bahadur Khel and Karak districts.

He said that despite the immense reserves, the share of Pakistan in global exports of gypsum was only estimated to be 0.6%.

He said that Salt and Gypsum City in the Karak district would facilitate the mine owners of the district with world-class infrastructure and utilities to set up their industries.

He said that establishment of such an infrastructure would not only help the manufacturers in diversification and value addition of the minerals but would also help in production of export-oriented products.

While gypsum would also be value-added to meet the booming demand of the local construction sector and export market.

He said that the proposed city would house several processing units which would generate employment opportunities for about 25000 people and investment opportunities to the tune of over Rs. 3 billion and the initiative would change destiny of the area, the CEO concluded.

Comments

Comments are closed.