Business community presents charter of economy to govt

Demands provision of cheap electricity to industrial units


Our Correspondent April 13, 2023
Emergence of issues and challenges, including in the macro economy, has caused a slump in market capitalisation to just over Rs7 trillion. Photo: file

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PESHAWAR:

The Khyber-Pakhtunkhwa business community presented a charter of the economy to the provincial government to prepare a roadmap for the development of the potential sectors including industries, energy and mining in the annual budget for the next financial year.

Under the charter, all concerned departments have been directed to submit recommendations and proposals for inclusion in the provincial budget to strengthen the economy of the province.

In this connection, a meeting of the stakeholders was held in the energy department here with Special Secretary Energy Tasfeen Haider in the chair, said a press statement on Wednesday.

Besides, the Coordinator of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) K-P Region, Sartaj Ahmad Khan, Chief Executive Officer (CEO) Khyber Pakhtunkhwa Economic Zones Development & Management Company (KP-EZDMC), Javed Iqbal Khattak, Additional Secretary Energy & Power Department, Asif Khan, Dr Qasim Jadoon and Abdul Haseeb, the representative delegations of the business community and Pakhtunkhwa Energy Development Department (PEDO) especially attended the meeting.

In his presentation, the Coordinator of FPCCI Sartaj Ahmad Khan highlighted proposals for various energy sector development projects including the supply of cheap electricity to industries on a wheeling basis.

He said that the timely completion of energy sector projects would prove a milestone for the uplift of the industrial sector of the province.

 

Published in The Express Tribune, April 13th, 2023.

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