Development of Pak-Afghan Economic Zone in Khyber district will be sped up for the timely completion of the economic project in the former tribal region. The decision was made in a meeting of the Land Department of Khyber Pakhtunkhwa Economic Zones Development and Management Company (KP-EZDMC) with the Deputy Commissioner (DC) of the Khyber district. The meeting discussed the process and timeline of the acquisition of land for the development of the economic zone.
The project of PAK-AFGHAN Economic Zone is of vital importance for people of the border region. It will pave the way for the industrialization of the region and to make sure that skillful people get jobs in their own locale. It will bring socio-economic development for the Newly Merged Districts with rapid increase in exports from the region to Central Asia via Afghanistan. Initially, Pak-Afghan EZ will be established over an area of 550 acres under one of the projects of Khyber Pass Economic Corridor (KPEC).
Credit : Independent News Pakistan-WealthPk