KARACHI: Project Management Units of the Government of Khyber Pakhtunkhwa (KP) and Federally Administered Tribal Areas (FATA) Secretariat along with the Multi Donor Trust Fund (MDTF) administered by the World Bank organised the investment Roadshow (IRS) on Thursday.
Theme of the event was ‘Exploring the investment Friendly Environment in KP and FATA ‘under the Economic Revitalisation of KP and FATA (ERKF) Project.The KP and FATA delegation was led by Minister for Industries, Commerce and Technical Education, KP Bakht Baidar, who was the keynote speaker. The minister highlighted the major initiatives planned by the new provincial regime and benefits of it. He assured his government’s full support for investors and welcomed them to explore the untapped resources of the province.
FATA Investment Facilitation Authority Secretary Arshad Majeed Mohmmand briefed about the objectives and rationale of the ERKF Project. He said that the IRS meant to act as a curtain raiser to the prevailing policy regime and the plethora of investment opportunities in the region.FATA Development Authority Manger Minerals Muhammad Humayun presented an overview of the Minerals sector in FATA. A panel discussion with leading experts on ‘Scope and Opportunities Forum for Investment in KP and FATA’ ended the road show with questions and answers session.
Selected investment opportunities and projects were also presented and were appraised of the high return and growth potential in various sectors including power, mines and minerals, industries etc. The IRS also featured an exhibition, showcasing the products from KP and FATA with high export potential.The road show provided the attendees an unprecedented opportunity to interact with leading corporations that have invested and are operating in the region and gain from their insights and experience.Notably, this is the first leg of the envisaged outreach initiative undertaken for the ERKF Project, which intends to attract investment from investors and the Pakistani expatriates. It is expected to become the foremost resource for businesspersons planning to invest or operate in the region. – DailyTimes