KP government allocates Rs 200 million for new industrial estate

Khyber Pakhtunkhwa (KP) government has allocated a budget of Rs200 million in its annual development programme (ADP) for establishment of new industrial estate in the provincial capital. In a statement issued here, a spokesman of the Small Industries Development Board (SIDB) of KP has directed the Engineering Cell for completion of planning to set up the new industrial estate in light of the recommendations of the committee.
He said the site for new industrial estate has been identified and the Deputy Commissioner (DC) of Peshawar had also been informed formally. Beside this, another amount of over Rs100 million for the establishment of new industrial estate in district Swat.
In this connection, on the directives of the SIDB managing director Ghazanfar Ali, the officers of the Engineering Cell including deputy managing director, Sahibzada Zulfikar, joint director Safdar Abbas and project director Ali Azmat have initiated efforts for the finalization of site. Furthermore, the spokesman said the provincial government has also allocated a budget of Rs320 million for rehabilitation of the small industrial estates at D I Khan, Bannu, Kohat and Mansehra while practical steps for the establishment of another industrial estate at district Bajaur has also been initiated.
According to the spokesman, an ADP scheme amounting to Rs400 million for the expansion of existing industrial estates in Karak and Bannu have also been included in the annual development programme. For the mapping of the under-ground water table in Karak, the MD SIDB has contacted Public Health Engineering (PHE) to ensure the provision of water at the proposed site and correct utilization of the public exchequer.
The spokesman said the establishment of separate feeders for the small industrial estate Peshawar and Phase-I, II and III, the MD SIDB has held a meeting with the concerned officers of Peshawar Electric Supply Company (PESCO) to once again issue demand notice for the provision of these feeders for these industrial estates.