PESHAWAR: A high-level delegation of the Khyber Pakhtunkhwa Board of Investment & Trade (KP-BOIT) led by Chief Executive Officer, Hassan Daud Butt met with the senior official of the Islamabad Chamber of Commerce & Industry (ICCI) in Islamabad including their President, Senior Vice President and Vice President. The purpose of the meeting was to showcase the investment and trade potential of Khyber Pakhtunkhwa (KP) as part of the KP-BOIT’s investment promotion strategy to foster local and domestic investment in KP.
The KP-BOIT team was also joined by the representatives of Khyber Pakhtunkhwa Economic Zones Development & Management Company (KPEZDMC) and Small Industries Development Board (SIDB), who presented their respective initiatives and projects.
The CEO KP-BOIT gave a detailed presentation to the ICCI representatives led by the President Muhammad Shakeel Munir. The presentation focused on the opportunities available in high-value investment sectors of KP including oil & gas, gemstone, hydropower, mining, agriculture, livestock, forestry, horticulture, information technologies, and tourism.
The ICCI members were also apprised of the various investor-friendly initiatives which have been introduced by the Government of KP including developing the infrastructure for economic zones, utilizing indigenous natural resources as raw material, extending support to small enterprises, enhancing quality skilled workforce and enabling one-window facilitation.
“We are offering fiscal incentives for small and medium enterprises, along with establishing new economic zones and expanding the existing ones. Besides, we are moving towards the realization of one-window facilitation and ease of doing business to further promote the investment and trade activities in KP”, the CEO KP-BOIT said.
While appreciating the interest of the KP-BOIT, the President of the ICCI thanked the visiting team from KP for the initiative to reach out for the exchange which would be followed up by a reciprocal visit of the ICCI delegation.
Copyright Business Recorder, 2022