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China to make investment of $138m in Rashakai CPEC Industrial Zone

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Staff Reporter

Charsadda

Advisor to Khyber Pakhtunkhwa Chief Minister on Industries and Trade Abdul Kareem has said that formal inauguration of the Rashakai CPEC Industrial Zone would be held after Eidul Fitre wherein Chinese investors would make investment to the tune of USD 138 million.
The lands acquired for the construction of industries and housing society would not be utilized for any other purpose in the province, said the CM advisor while talking to local media-men here on Tuesday.
The advisor expressed the confidence that the government would win the case in the Supreme Court about Charsadda Paper Mills as it also emerged victorious in Nizampur case.He urged the people not to waste their investments in the housing society as the land acquired for the construction of industries would not be utilized for any other purpose. He assured that every province would get its share in the Rashakai economic zone.
He maintained that efforts were underway for revival of the sick industries in the province and said that the KP Government restored ninety industrial units which will help in eliminating unemployment.
The foreign investors have now started moving towards our country for making investment in various sectors due to prudent policies of the government.
He told that small industrial units would be established on 32 kanal of lands to promote industrialization and provide job opportunities to the people.

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