Finance and economy: Investment Promotion Cell established at CM Secretariat

To facilitate and provide guidelines to investors, act as liaison for govt departments.


Our Correspondent July 26, 2013
IPC will send investment proposals received from investors to the relevant government departments for evaluation. PHOTO: FILE

PESHAWAR:


The Khyber-Pakhtunkhwa (K-P) government established an Investment Promotion Cell (IPC) at the Chief Minister’s (CM) Secretariat with immediate effect on Friday.


IPC will send investment proposals received from investors to the relevant government departments for evaluation, according to a notification issued by the secretariat. Rafaqatullah Babar will assume responsibilities as the cell’s economic coordinator, it added.



The cell will act as a liaison for government departments, including energy and power, industries, commerce, technical education and manpower training, mineral development, irrigation, tourism, and information technology among others. ICP will also invite investors and facilitate them on behalf of the chief minister, stated the handout.

Moreover, IPC will be equipped with all information regarding investment in K-P and potential investors will be provided guidelines for investment in the province. Interested parties will also be assisted in planning, hosting conferences, seminars, fairs, exhibition and other activities to promote opportunities in K-P.

The cell will be tasked with examining and analysing issues of economic importance and make recommendations to the chief minister. It will also make recommendations on financial matters referred by the CM, coordinate meetings relating to development and economic activity, and follow up, interact and facilitate donors and the international community.

The K-P government has also established the Chief Minister’s Complaint and Redressal Cell at the secretariat. According to a notification, Dilroz Khan will head the cell.

The cell aims to address complaints and make suggestions to government departments. It will also work in liaison with the complaint centres of government departments and organise public awareness programmes. The cell’s chairman will have the power to initiate fact finding, hold meetings, pay surprise visits and conduct inspections in relation to a complaint.

In case anyone is found guilty of misconduct, corruption or non-observance of the terms and service, it will be reported to the employee’s department for disciplinary proceedings.

Published in The Express Tribune, July 27th, 2013.

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