PESHAWAR: The Khyber-Pakhtunkhwa Economic Zones Development Management and Development Company (K-PEZMDC) Board of Directors has announced to launch four new economic zones.
The approved zones include 89.9 acres Ghazi Economic Zone over, the Chitral Economic Zone spread over 40 acres, the 257.5 acres Jalozai Economic Zone covering and the 76.25 acres Nowshera Economic Zone Extension.
The work on these will start as soon as the authorities finalise the matters.
In addition, the K-PEZDMC has also acquired possession of land for the proposed economic zones.
Speaking on the occasion, K-PEZDMC CEO Javed Khattak informed that the economic zones are a crucial step that will help stimulate economic growth due to inflow of investment, development of infrastructure, industrial growth and employment for over 25,000 people.
The state of the art infrastructure and services will attract investors and industries to set up industries close to the base or near raw materials, he added.
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