KP has vast potential for industrial growth: governor

Khyber Pakhtunkhwa Governor Faisal Karim Kundi called for a practical plan to expand industrial activity, create jobs and strengthen the provincial economy, Dawn reported on October 20. He chaired a meeting of the Khyber Pakhtunkhwa Economic Zones Development and Management Company (EZDMC), where officials reviewed its operations, economic zones, revenue and future targets. The province currently has 15 functional economic zones, and plans are being pursued for seven additional sites. EZDMC has facilitated the creation of about 107,000 employment opportunities, according to officials.

Officials also outlined difficulties affecting zones including Yaka Ghund Marble City and Katlang Economic Zone, as well as proposed projects. Kundi asked authorities to address operational, financial and legal problems, consult the Finance Department on land acquisition and payments, and engage relevant federal and provincial departments. He also cited security, site selection and administrative obstacles, urging a review of zones in areas facing law-and-order challenges. The governor said a business-friendly environment and support for private investment were important to industrial development.