Investors’ confidence restored in K-P, says provincial education minister

World Bank, for the first time, was supporting the provincial govt in projects in K-P


Our Correspondent May 09, 2017
World Bank, for the first time, was supporting the provincial govt in projects in K-P. PHOTO: FILE

PESHAWAR: Pointing towards the recent figures released by the Counter Terrorism Department (CTD) of Khyber-Pakhtunkhwa which indicated a drop in crime in the province, the education minister of the province said that the better security situation was uplifting for investors.

Minister for Elementary and Secondary Education Atif Khan on Monday said that owing to the better law and order situation in the province, reforms in different sectors and promotion of merit, the trust of local and foreign investors had been restored and they were expressing interest in investing in the province.

Chairing a meeting of the Steering Committee on World Bank Financing in Khyber-Pakhtunkhwa (K-P) via a video conference, Atif said that the province must take advantage of the opportunity and made coordinated efforts for strengthening the province financially and socially.

He added that the recent success of their roadshow in China was ample proof that foreign investors wanted to invest a billion dollar in K-P.

In this regard, Atif directed senior officials of the concerned departments to complete their work at the earliest.

Moreover, he said that the World Bank, for the first time, was supporting the provincial government in projects in K-P.

The meeting debated the proposed projects on urban development, tourism, hydropower and agriculture sectors. There was consensus on the early settlement of the remaining issues in the next meeting.

Published in The Express Tribune, May 9th, 2017.

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