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44 MoUs of $8b signed for investment in KP sectors

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The Khyber Pakhtunkhwa government, investors and international firms on Sunday signed 44 Memo-randum of Understanding (MoUs) to invest in vari- ous sectors of the province.

The international firms evinced keen interest to invest in projects in Khyber Pakhtunkhwa tourism, Integrated Tourism Zones (ITZs), Water Sports Theme Park in Hund, Swabi, industries, energy and power, infrastructure, food processing livestock and other sectors at the Invest-ment Conference held at the Dubai Expo.

KP Minis-ter Taimur Salim Jhgara was chief guest while Ad-ditional Chief Secretary Shahab Ali Shah, provincial ministers Shaukat Yousafzai, Special Assistant to Chief Minister on Trade and Industries Abdul Karim Khan, lawmaker Ziaullah Bangash, Pakistan Ambassador to UAE Afzaal Mahmood, Secretary for Sports, Tourism, Archaeology, Culture, Muse-ums and Youth Affairs Amir Sultan Tareen, Khyber Pakhtunkhwa Culture and Tourism Authority (KPCTA) Director General Kamran Ahmad Afridi and others attended the conference.

CEOs of Sam-ara Group, Mazaya Group (EGI), Jannat & A.J Group, Almasa Group and a number of international and Dubai-based investors expressed willingness to invest in various projects of KP tourism sector. The organisers showcased a number of projects to the investors in the Investment Conference in tourism and other sectors, said a communique received here.

Speaking on the occasion, Taimur Jhagra said that Pakistan Tehreek-e-Insaf led government was pro-moting businesses and tourism in line with the vi-sions of Prime Minister Imran Khan and Chief Min-ister Mahmood Khan and steps were being taken to lure more tourists and investors to the province.

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