For renewal: 28 business owners of Malakand given cheques

PESHAWAR: The owners of small business — which were affected due to militancy — in Malakand Division were given 28 cheques worth Rs20 million by Small and Medium Enterprise Development Authority (SMEDA).

The cheques were handed out by SMEDA K-P chief Javed Khattak to the owners of small businesses at the authority’s regional office in the city on Friday.

They were given as part of the Economic Revitalization of Khyber-Pakhtunkhwa and Fata (ERKF) project started by the K-P government with the support of World Bank to help the small traders of K-P and Fata revive their businesses that were affected due to militancy.

The industries marble and tourism industries are the main businesses in Malakand Division, which have been badly affected.

The provincial chief said so far SMEDA has provided Rs1.266 billion to 1,549 individuals in K-P and Fata to help restart their business. Among the beneficiaries, he added, 401 were from Fata.

Khyber Pakhtunkhwa Chamber of Commerce and Industries President Zulfiqar Ali Khan and traders were also present on this occasion.

Published in The Express Tribune, August 27^th, 2016.