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Mr Munawar is the chair Person of my Organization SRSP
and mistakenly they wrote title muhtarma... haha
Naya KPK | News & Updates on the development in KPK.
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and mistakenly they wrote title muhtarma... haha
Pukhtoon
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Actually no i wrote it wrong its Muhtarma not Muhtaram lol Thanks for correction me lol
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thats some hardcore name for a lady.. hehe
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KP to offer Malam Jabba resort, other projects to private investors
Rapid bus, train service from Nasirpur to Hayatabad next year
The Khyber Pakhtunkhwa government would offer Malam Jabba skiing resort in Swat and around six other projects in tourism sector to the private investors.
Also, the provincial Board of Investment and Trade would be planning to showcase some hydel and other projects to investors in Dubai.
This was disclosed by vice-chairman Khyber Pakhtunkhwa Board of Investment and Trade (BOIT) Mohsin Aziz while talking to a group of reporters on Friday.
He informed that Malam Jabba resort, which was destroyed during the militancy-driven violence some years ago, had been acquired and all paperwork completed to build a five-star hotel through the private sector.
Flanked by Muhammad Ishaq, Sarwar Mohmand, and other BOIT members, Mohsin Aziz said to ensure transparency in the lease of the resort an advertisement for the purpose would appear in the media in a day or two.
He said the government had decided to offer it at reasonable lease money to attract potential private investors for the hotel project.
However, he said Pakistan Air Force (PAF) will continue to maintain and run the ski project at the resort. The BOIT has also conceived two chairlift projects to be given to private investors in Naran and Saiful Malook Lake area, Mohsin Aziz said, adding that pre-feasibility has been prepared and land is being requisitioned for the projects.
“We have also decided to offer two chairlift projects in Mushkpuri and Shogran to the private investors,” he added.
The BOIT vice-chairman said that 12 hydropower generation projects had been advertised five times in the national media, but investors didn’t show much interest.
He identified some policy and administrative lacunae scaring away the investors of these projects, Mohsin Aziz said. He added that the biggest of these hurdles was the 72-month financial close making it impossible for the investment to place first brick of any of the 12 projects before 10 years.
He said the matter was taken up with the government and financial close has now been brought down to 24 months after which some Korean, Chinese and local investors like Tabani Group have shown interest in investing in the hydel-generation sector of the province.
In the transport sector, he said the BOIT is about to finalise the plans for a shuttle train using the existing track from Nasirpur to Hayatabad in Peshawar. He added that the track has been acquired from the Pakistan Railways and would also be used for rapid bus service.
He said it would become operational next year with the cost of around Rs2 billion.
“The BOIT is working on a robust project in industrial sector for which it would approach the federal government to withdraw the moratorium on the industrial gas connection so that surplus gas produced in the Khyber Pakhtunkhwa could be used for new textile and power generation protects,” he informed.
KP to offer Malam Jabba resort, other projects to private investors - thenews.com.pk
Rapid bus, train service from Nasirpur to Hayatabad next year
The Khyber Pakhtunkhwa government would offer Malam Jabba skiing resort in Swat and around six other projects in tourism sector to the private investors.
Also, the provincial Board of Investment and Trade would be planning to showcase some hydel and other projects to investors in Dubai.
This was disclosed by vice-chairman Khyber Pakhtunkhwa Board of Investment and Trade (BOIT) Mohsin Aziz while talking to a group of reporters on Friday.
He informed that Malam Jabba resort, which was destroyed during the militancy-driven violence some years ago, had been acquired and all paperwork completed to build a five-star hotel through the private sector.
Flanked by Muhammad Ishaq, Sarwar Mohmand, and other BOIT members, Mohsin Aziz said to ensure transparency in the lease of the resort an advertisement for the purpose would appear in the media in a day or two.
He said the government had decided to offer it at reasonable lease money to attract potential private investors for the hotel project.
However, he said Pakistan Air Force (PAF) will continue to maintain and run the ski project at the resort. The BOIT has also conceived two chairlift projects to be given to private investors in Naran and Saiful Malook Lake area, Mohsin Aziz said, adding that pre-feasibility has been prepared and land is being requisitioned for the projects.
“We have also decided to offer two chairlift projects in Mushkpuri and Shogran to the private investors,” he added.
The BOIT vice-chairman said that 12 hydropower generation projects had been advertised five times in the national media, but investors didn’t show much interest.
He identified some policy and administrative lacunae scaring away the investors of these projects, Mohsin Aziz said. He added that the biggest of these hurdles was the 72-month financial close making it impossible for the investment to place first brick of any of the 12 projects before 10 years.
He said the matter was taken up with the government and financial close has now been brought down to 24 months after which some Korean, Chinese and local investors like Tabani Group have shown interest in investing in the hydel-generation sector of the province.
In the transport sector, he said the BOIT is about to finalise the plans for a shuttle train using the existing track from Nasirpur to Hayatabad in Peshawar. He added that the track has been acquired from the Pakistan Railways and would also be used for rapid bus service.
He said it would become operational next year with the cost of around Rs2 billion.
“The BOIT is working on a robust project in industrial sector for which it would approach the federal government to withdraw the moratorium on the industrial gas connection so that surplus gas produced in the Khyber Pakhtunkhwa could be used for new textile and power generation protects,” he informed.
KP to offer Malam Jabba resort, other projects to private investors - thenews.com.pk
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it will start with peshawar then spread to the rest of KPK
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