The Government of Khyber Pakhtunkhwa has re-turned from Dubai Expo 2020 with re-markable achievement of signing 44 memorandums of under-standings (MoU) with international investors in different sec-tors.
Out of the total 44 MoUs, 11 have been signed by only Khyber Pakhtunkhwa Eco-nomic Zones De-velopment and Manage-ment Company (KP-EZDMC).
The international investment conference was held at Dusit Thani, Dubai, United Arab Emirates (UAE).
According to the Chief Executive Officer (CEO) KP-EZDMC, Javed Iqbal Khattak, the MoUs were signed with international investors for investment in economic zones and special economic zones of Khyber Pakhtunkhwa, especially in Rashakai Spe-cial Economic Zone, Dara-ban Special Economic Zone and Manse-hra Economic Zone for livestock feed, marble & granite, surgical equipment, foam manufacturing, PVC unit and bottling plant.
Under these MoUs, foreign investors have pledged investment to the tone of US$ 8 billion.
Moreover a tripartite MoU has also been signed among PEDO, Infra Co Asia and KPEZDMC for solarization of all Economic Zones.
The CEO KP-EZDMC while elaborating the details of companies and statistics of investment, said that Berkley Group of Companies, a real estate devel-opment company is willing to extend operations in Pakistan, interested in acquiring 10 acre land in Rashakai Special Economic Zone with an invest-ment of1.7 million USD while Habib HisamPvt Limited, a company doing business in livestock sector is keen to acquire land in Mansehra to estab-lish large scale poultry business in Pakistan with an investment of 16 million USD.
Similarly, Al Ibrahimi Group, Dealing in 7 sectors, i.e. hotels, restaurant, trading, general supplies, will-ing to establish indus-try in Pakistan by acquiring land in Rashakai Special Economic Zone with an investment of1.7 million USD while Mai Al Dhafra wants to set up a bottle manufac-turing plant at suit-able place in Khyber Pakhtunkhwa with an invest-ment of10 mil-lion USD.
