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KP initiates comprehensive economic plan

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Khyber Pakhtunkhwa Government has initiated a comprehensive economic plan “High Impact Economic Plan” with the purpose of bringing the Newly Merged Districts of theprovince on at par with other regions of the country and province, in the process of development. In view of the abundance of natural resources in the merged districts, have been prioritized in the above mentioned development plan so that to make maximum utilization of them, while 10 important sectors included industry, commerce and technical education, mines and mineral development, agriculture, energy and power, livestock, forestry and environment, Irrigation and water, sports, tourism and youth affairs, roads & communication and border economy have been declared as important targets for the development process.

According to the economic plan, an estimate of Rs. 142,614 million has been earmarked for development initiatives in these districts wherein, 139494 million rupees will be provided by the provincial government, while 3120 million rupees will be included as the share of donor funds. Similarly, about 96 ongoing and new development projects of the merged districts have been included in the overall plan. These projects included 23 road projects, 11 industries, 12 agriculture, 5 minerals, 8 tourism, sports and youth affairs, 3 energy and electricity, 7 livestock, 7 forestry and environment, 9 water and 11 border economy projects that will be completed.

In the economic plan, according to the expected results in the merged districts, about 61525 acres of land to be brought under irrigation while 41310 acre-feet of surface water storage capacity to be created.

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