PESHAWAR, Sep 08 (APP):In order to develop small and cottage industries in Khyber Pakhtunkhwa, a new grand industrial estate has been established over an area of about one thousand kanals in the suburbs of Peshawar, namely Sra Khawra Zangli, wherein industrial plots will be distributed by draw, while the last date for submission of applications has been fixed October 6, 2023.
This was revealed by Ghazanfar Ali, Managing Director of Small Industries Development Board Khyber Pakhtunkhwa (KPSIDP) while answering various questions from the host Hasnain Malik in the program Studio 92 of Pakhtunkhwa Radio.
SIDB Deputy MD Nauman Fayaz and Station Director Ghulam Hussain Ghazi were also present on the occasion.
Ghazanfar Ali said that 17 categories relating to small industries will be given priority in plot allotment while applications can also be submitted in the general quota.
He said that the best investment opportunities are being provided in this industrial park for local businessmen, and women, inside and outside Pakistan people. He said that after 50 years in the history of the province, the second-largest city was being established for small industries, inviting overseas Pakistanis to invest heavily and contribute to the economy of the province. He said that this unique project is a golden opportunity to promote industrialization and investment in the provincial capital.
Ghazanfar Ali further said that plots of 1 kanal, 22 marla, 88 marla, 44 marla and 11 marla are being prepared in Industrial Park Peshawar for which the last date of submission of online application form has been fixed as October 6, 2023. The estimated cost of the two-year mega project of Peshawar Industrial Park project covering 941 kanals is three billion rupees.
MD SIDB said that Peshawar, being the capital of Khyber Pakhtunkhwa, was in dire need of a second industrial estate at the level of small industry for economic development, employment opportunities and encouraging investment at the local level. SIDB decided to set up a second small industry-level mega project in Peshawar to cater for the needs of local industrialists and economic development, which is now being implemented.
When asked about the feasibility of this township, the managing director of Khyber Pakhtunkhwa Small Industries Development Board said that after much deliberation and survey, it has been decided to establish this new industrial estate on Zangli Kohat Road. The distance between Industrial Park Peshawar and Small Industries Estate Kohat Road is 14 km on the same highway.
It is a unique and ideal industrial estate of its kind, he said adding that all possible facilities are being provided to the industrialists in it including uninterrupted supply of electricity and gas, security, water, the establishment of commercial plazas and bypass roads, while efforts are also being made to complete this project in the shortest possible time, he added.
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To a question, MD SIDB said that since this project will be transferred to many generations, it will take some time to be completed in all respects. This industrial park was eagerly awaited by the industrialists as it will provide employment to thousands of jobless people and further develop the area, he added.
Ghazanfar Ali said that billions of rupees are expected to be invested in this project. He said that the provincial government wants serious people to come forward in this area so that economic prosperity comes back over here.
SIDB Deputy Managing Director Nauman Fayaz also explained the salient features of Industrial Park Peshawar saying that it will be a unique industrial estate under the private-public partnership. Nauman Fayaz said Sialkot, Faisalabad, Gujranwala and Karachi industrial models have been taken into consideration while designing it.
Therefore, along with the general quota, 17 priority classes and sectors have been selected in the allotment criteria, he said adding that applicants with products and services in these sectors will be given priority in plot allotment, but they will be bound to ensure their same production after plot allotment as indicated by them in the documents and if any industrialist later changed the type of production, the Board will be entitled to take action against it.
The purpose of implementing this law is to promote those products which are in demand throughout the country, however, he said industrialists can apply for setting up any environment-friendly industrial units in the general quota as well.
Apart from this, overseas Pakistanis will be given preference in plot allotment, he further said adding that investors from foreign countries can also apply in the general quota in addition to the priority sector, but they will pay the price of the plot in dollars which is fixed.
Application forms of 3 types of categories have been uploaded on the SIDB website, he told listeners. Apart from this complete details are provided for obtaining the application form, online submission of the form and other information along with its timely submission. He said that an online system to make the procedure of plot allotment easy has been introduced while the plot price will be charged in 4 instalments as per schedule.
