The Khyber Pakhtunkhwa Culture and Tourism Authority on Sunday signed memorandum of understanding (MoUs) with companies to make investment in the integrated tourism zones (ITZs) to boost tourism in the province.
The MoUs were signed by Umair Khattak, general manager Investment Tourism, Abdul Haseeb, chief executive A H Group, and a representative of Signature Group Investments during the ongoing Property Expo.
The AH Group evinced keen interest in investment in the ITZs while Signature Group Investments would establish 5-Star hotels in Ganol and Mankial to facilitate tourists at these tourist attractions. Speaking on the occasion, Umair Khattak said that provincial government was taking various steps to attract investors to boost tourism in the province.
He said that KP had vast potential for investment in various businesses, economic zones, tourism zones, mines and minerals and other sectors. He termed the ITZs project as the best opportunity for the domestic as well as foreign investors to invest in the sector.